Leadership Florida Statewide Community Foundation Inc

Analysis

Leadership Florida Statewide Community Foundation Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Leadership Florida Statewide Community Foundation Inc reported income of $2.8m and spending of $2.9m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.8m (-8.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 117%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Leadership Florida Statewide Community Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Community Renewal International Inc ($2.8m), Hui Malama I Ke Ala Ulili ($2.8m) and Great Bay Services ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $546k (19% of expenses). Other salaries and wages came to $559k. At year end it held assets of $5.5m against liabilities of $1.3m, net assets of $4.2m. It reported 16 employees.