Florida Society of Goldsmiths Inc

Analysis

Florida Society of Goldsmiths Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Society of Goldsmiths Inc reported income of $150k and spending of $164k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $150k (-29%), an average of -8.3% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Society of Goldsmiths Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Road Runners Club of America ($150k), Jugaad Leadership Program ($150k) and Linthicum Ferndale Youth Athletic Association ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 82% of the total. Other salaries and wages came to $40k. At year end it held assets of $244k against liabilities of $0, net assets of $244k. It reported 1 employees.