Detroit Tigers Foundation of Florida Inc

Analysis

Detroit Tigers Foundation of Florida Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Detroit Tigers Foundation of Florida Inc reported income of $61k and spending of $17k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $128k to $61k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 5741%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Detroit Tigers Foundation of Florida Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include A Future and a Hope Foundation Inc NFP ($61k), American Family Charities Inc ($61k) and Reunion Community Foundation ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.