Florida Impact Inc

Analysis

Florida Impact Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Florida Impact Inc reported income of $415k and spending of $425k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $378k to $415k (+9.8%), an average of +2.4% a year. The sharpest change came in the year to December 2022, when income rose by 54%. Over the whole period it spent 117% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Florida Impact Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Trooper Island Inc ($414k), Crime Victims Assistance Network Ican Foundation ($415k) and Colorado Bar Foundation ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (19% of expenses). Other salaries and wages came to $91k. At year end it held assets of $143k against liabilities of $15k, net assets of $128k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.