Central Florida Educational Foundation Incorporated

Analysis

Central Florida Educational Foundation Incorporated is a registered charity in United States, based in Altamonte SPG, FL. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Florida Educational Foundation Incorporated reported income of $159k and spending of $336k, spending 211% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $159k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2020, when income rose by 1382%. Over the whole period it spent 42% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Florida Educational Foundation Incorporated sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Jeep Jewish Education for Every Person Inc ($159k), Wome Womens Soccer Club Inc ($159k) and Sioux Valley Energy Customer Trust Inc ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $11.2m against liabilities of $2.4m, net assets of $8.8m.