Florida Counties Foundation Inc

Analysis

Florida Counties Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending October 2023, Florida Counties Foundation Inc reported income of $164k and spending of $156k, spending 95% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $134k to $164k (+23%), an average of +23% a year. The sharpest change came in the year to October 2023, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Counties Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Sisu of Georgia Inc ($164k), Capital City Mens Chorus Inc ($164k) and Bima Services ($164k).

On its Form 990-EZ for the period ending October 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $369k against liabilities of $13k, net assets of $356k.