Faith Foundation of Central Florida Inc

Analysis

Faith Foundation of Central Florida Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2024, Faith Foundation of Central Florida Inc reported income of $166k and spending of $146k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $110k to $166k (+51%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 237%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Faith Foundation of Central Florida Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Nashville Area Junior Chamber Charities Inc ($166k), H E Grant Foundation Inc ($166k) and Community Connections Foundation Inc ($166k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $45k (31% of expenses). Other salaries and wages came to $8,700. At year end it held assets of $334k against liabilities of $1,075, net assets of $333k. It reported 2 employees.