Florida Council on Compulsive Gambling Inc

Analysis

Florida Council on Compulsive Gambling Inc is a registered charity in United States, based in Sanford, FL. It received its IRS tax-exemption ruling in August 1992, 34 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 June 2023, Florida Council on Compulsive Gambling Inc reported income of $2.9m and spending of $3.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $2.9m (+1.6%), an average of +0.4% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Council on Compulsive Gambling Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Crossroads Academy ($2.9m), American Humanist Association ($2.9m) and Harlem Educational Activities Fund Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $357k (12% of expenses). Other salaries and wages came to $527k. At year end it held assets of $4.3m against liabilities of $252k, net assets of $4.1m. It reported 20 employees.