Florida Healthy Kids Corporation

Analysis

Florida Healthy Kids Corporation is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Florida Healthy Kids Corporation reported income of $250.8m and spending of $251.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $378.9m to $250.8m (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Florida Healthy Kids Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within FL. Charities of a similar size with the same main cause include Carle Bromenn Medical Center ($250.6m), Otero County Hospital Association ($250.8m) and Neighborhealth Corporation ($250.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $1.0m (0.4% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $35.5m against liabilities of $19.1m, net assets of $16.4m. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.