Central Florida Foundation Inc

Analysis

Central Florida Foundation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 April 2024, Central Florida Foundation Inc reported income of $9.2m and spending of $12.1m, spending 132% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $9.9m to $9.2m (-7.3%), an average of -1.5% a year. The sharpest change came in the year to April 2022, when income rose by 1061%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Central Florida Foundation Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Birmingham Group Realty Inc ($9.2m), Chapters Health Foundation Inc ($9.2m) and Walker Area Community Foundation ($9.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 64% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $635k (5.2% of expenses). At year end it held assets of $98.7m against liabilities of $2.7m, net assets of $96.0m. It reported 11 employees.