Florida Insurance Fraud Education Committee

Analysis

Florida Insurance Fraud Education Committee is a registered charity in United States, based in Lake Mary, FL. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 July 2023, Florida Insurance Fraud Education Committee reported income of $392k and spending of $345k, spending 88% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $318k to $392k (+24%), an average of +24% a year. The sharpest change came in the year to July 2023, when income rose by 24%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Insurance Fraud Education Committee sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 69th percentile within FL. Charities of a similar size with the same main cause include Bell Arts Factory ($392k), Ahwatukee Childrens Theatre Inc ($392k) and Carolina Youth Symphony ($392k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $208k against liabilities of $66k, net assets of $142k.