Florida Health Care Education & Development Foundation Inc

Analysis

Florida Health Care Education & Development Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Health Care Education & Development Foundation Inc reported income of $553k and spending of $471k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $107k to $553k (+419%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Health Care Education & Development Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Metropolitan Fair Housing Council of Oklahoma Inc ($553k), Keta Legacy Foundation ($553k) and Disability Resource Center Inc ($553k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $283k against liabilities of $103k, net assets of $181k.