The Florida Research Institute for Equine Nurturing Devel & Saf

Analysis

The Florida Research Institute for Equine Nurturing Devel & Saf is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Florida Research Institute for Equine Nurturing Devel & Saf reported income of $385k and spending of $382k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $385k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Florida Research Institute for Equine Nurturing Devel & Saf sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Oritel Inc ($385k), National Christian Charitable Foundation Inc ($385k) and Tremont Area Ambulance Association ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.