Florida Citrus Sports Foundation Inc

Analysis

Florida Citrus Sports Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Florida Citrus Sports Foundation Inc reported income of $156k and spending of $93k, leaving 40% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income fell from $341k to $156k (-54%), an average of -18% a year. The sharpest change came in the year to March 2022, when income dropped by 49%. Over the whole period it spent 71% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florida Citrus Sports Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Aquanut Water Shows Inc ($156k), Cornerstone Ranch Inc ($156k) and Newton Metrowest Basketball Inc ($156k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $2.3m against liabilities of $138k, net assets of $2.2m.