Florida Foundation for Responsible Angling Inc

Analysis

Florida Foundation for Responsible Angling Inc is a registered charity in United States, based in Oldsmar, FL. It received its IRS tax-exemption ruling in July 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Florida Foundation for Responsible Angling Inc reported income of $851k and spending of $650k, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $585k to $851k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florida Foundation for Responsible Angling Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Moorestown Youth Baseball Federation Inc ($851k), Southern Marin Lacrosse Club ($852k) and West Raleigh Baseball Association Inc ($850k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.9m against liabilities of $2,082, net assets of $1.9m. It reported 1 employees.