Florida League of International Baccalaureate Schools Inc
Analysis
Florida League of International Baccalaureate Schools Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Florida League of International Baccalaureate Schools Inc reported income of $3.7m and spending of $3.5m, spending 93% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.0m to $3.7m (+22%), an average of +5.1% a year. The sharpest change came in the year to July 2021, when income rose by 100%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Florida League of International Baccalaureate Schools Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include I E C Chesapeake Apprenticeship & Training Inc ($3.7m), Kesher LD Inc ($3.7m) and Princeton House Charter School Inc ($3.7m).
On its Form 990 for the period ending July 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $121k (3.5% of expenses). Other salaries and wages came to $147k. At year end it held assets of $2.4m against liabilities of $590k, net assets of $1.8m. It reported 5 employees.
Income and spending
Where the income comes from
- Program services 98%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| I E C Chesapeake Apprenticeship & Training Inc | Laurel | $3.7m |
| Kesher LD Inc | North Miami Beach | $3.7m |
| Princeton House Charter School Inc | Orlando | $3.7m |
| Victory Academy | Sherwood | $3.7m |