Florida Public Pension Trustees Association Inc

Analysis

Florida Public Pension Trustees Association Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 1986, 40 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 2022, Florida Public Pension Trustees Association Inc reported income of $1.9m and spending of $1.6m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $2.1m to $1.9m (-5.5%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Public Pension Trustees Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Crossroads United Way Inc ($1.9m), Paralyzed Veterans of America ($1.9m) and Booker T Washington Community Center of Auburn New York Inc ($1.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 27% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $136k (8.4% of expenses). Other salaries and wages came to $307k. At year end it held assets of $2.0m against liabilities of $885k, net assets of $1.1m. It reported 5 employees.