Community Foundation of Northwest Florida Inc

Analysis

Community Foundation of Northwest Florida Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in July 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, Community Foundation of Northwest Florida Inc reported income of $449k and spending of $803k, spending 179% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $725k to $449k (-38%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 134% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Foundation of Northwest Florida Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Community Foundations Service Corporation ($449k), Bunim Fund ($450k) and Ghba Charitable Foundation ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $42k (5.3% of expenses). At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m. It reported 1 employees.