Florida State Fair Foundation Inc

Analysis

Florida State Fair Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 1997, 29 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 December 2023, Florida State Fair Foundation Inc reported income of $327k and spending of $244k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $495k to $327k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income dropped by 26%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Florida State Fair Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Doug & Carla Salmon Foundation Inc ($327k), Mission 2540 ($327k) and Blackacre Conservancy Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $5.2m against liabilities of $1.2m, net assets of $4.0m.