University of Florida Leadership and Education Foundation Inc

Analysis

University of Florida Leadership and Education Foundation Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 December 2023, University of Florida Leadership and Education Foundation Inc reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.1m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, University of Florida Leadership and Education Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Gay & Lesbian Community Services Center of Orange County ($2.1m), Little Sisters of Jesus and Mary Inc ($2.1m) and Resources for Independence Central Valley ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 92% of the total. Other salaries and wages came to $342k. At year end it held assets of $2.0m against liabilities of $1.2m, net assets of $778k.