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The Ounce of Prevention Fund of Florida Inc

RegisteredEIN 59-2908367Tallahassee, FLPoverty relief
Income$35.8m2023-06
Spending$35.8msame year
Spent / received101%4-year average
Size in its cause98th pctPoverty relief
Exempt since1989Publicly supported organisat
Employees40latest return

Analysis

The Ounce of Prevention Fund of Florida Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Ounce of Prevention Fund of Florida Inc reported income of $35.8m and spending of $35.8m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $31.9m to $35.8m (+12%), an average of +3.9% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Ounce of Prevention Fund of Florida Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Childnet Youth and Family Services Inc ($35.8m), Delta Projects Inc ($35.8m) and Lycoming-Clinton Counties Commission for Community Action ($35.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $581k (1.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $11.5m against liabilities of $9.4m, net assets of $2.2m. It reported 40 employees.

Income and spending

$0$9.0m$17.9m$26.9m$35.8m2020 Income: $31,948,6882020 Spending: $32,635,41720202021 Income: $31,695,4942021 Spending: $31,916,69620212022 Income: $33,538,8562022 Spending: $33,534,38220222023 Income: $35,806,5912023 Spending: $35,751,1262023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Childnet Youth and Family Services IncLong Beach$35.8m
Delta Projects IncDedham$35.8m
Lycoming-Clinton Counties Commission for Community ActionWilliamsport$35.7m
Cornwall ManorCornwall$35.9m