Florida Association of Realtors Disaster Relief Fund

Analysis

Florida Association of Realtors Disaster Relief Fund is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Florida Association of Realtors Disaster Relief Fund reported income of $481k and spending of $1.0m, spending 213% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $817k to $481k (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 242%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Florida Association of Realtors Disaster Relief Fund sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Libertyville Civic Center Foundation ($481k), Rotary Club of San Antonio Foundation ($481k) and Carter County Drug Prevention Coalition ($481k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.