The Central Florida Sports Commission Inc

Analysis

The Central Florida Sports Commission Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, The Central Florida Sports Commission Inc reported income of $5.3m and spending of $5.2m, spending 98% of its income. Across the 6 years on record, from December 2016 to September 2023, income grew from $3.8m to $5.3m (+39%), an average of +6.9% a year. The sharpest change came in the year to September 2022, when income rose by 86%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Central Florida Sports Commission Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Iowa State Fair Foundation ($5.3m), Metro Sports Foundations Inc ($5.3m) and Sports Camp Inc ($5.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $254k (4.9% of expenses). Other salaries and wages came to $642k. At year end it held assets of $2.0m against liabilities of $1.7m, net assets of $298k. It reported 10 employees.