Community Foundation of North Florida Inc

Analysis

Community Foundation of North Florida Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in November 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 North Florida Inc reported income of $8.4m and spending of $5.8m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.6m to $8.4m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 57% 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 North Florida 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 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Bass Pro Shops & Cabelas Outdoor Fund ($8.3m), Garnet Health Urgent Care P C ($8.4m) and Make-A-Wish Foundation of Georgia Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $266k (4.6% of expenses). Other salaries and wages came to $93k. At year end it held assets of $105.2m against liabilities of $7.4m, net assets of $97.8m. It reported 5 employees.