Northeast Florida Builders Association Charitable Foundation

Analysis

Northeast Florida Builders Association Charitable Foundation is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in August 1988, 38 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northeast Florida Builders Association Charitable Foundation reported income of $264k and spending of $204k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $264k (+72%), an average of +15% a year. The sharpest change came in the year to December 2022, when income dropped by 156%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Northeast Florida Builders Association Charitable Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Kearsarge Area Council on Aging Inc Treasurer ($264k), Helping Hands Outreach ($264k) and Beresford Child Care Inc ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $957k against liabilities of $0, net assets of $957k.