Learning Institute for Elders at University of Central Florida Inc
Analysis
Learning Institute for Elders at University of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 July 2024, Learning Institute for Elders at University of Central Florida Inc reported income of $198k and spending of $225k, spending 114% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $227k to $198k (-13%), an average of -13% a year. Over the whole period it spent 99% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Learning Institute for Elders at University of Central Florida Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Wheels Across the Prairie Museum ($198k), Parent Booster USA Inc ($198k) and PTA California Congress of Parents Teachers & Students Inc ($198k).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $65k. At year end it held assets of $321k against liabilities of $692, net assets of $320k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wheels Across the Prairie Museum | Tracy | $198k |
| Parent Booster USA Inc | Newport Beach | $198k |
| PTA California Congress of Parents Teachers & Students Inc | Danville | $198k |
| Interlink Inc | Clarkston | $198k |