Florida Endowment Foundation for Floridas Graduates Inc

Analysis

Florida Endowment Foundation for Floridas Graduates Inc is a registered charity in United States, based in Flagler Beach, FL. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Endowment Foundation for Floridas Graduates Inc reported income of $658k and spending of $1.3m, spending 191% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.8m to $658k (-63%), an average of -28% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida Endowment Foundation for Floridas Graduates Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Tipton Charitable Foundation ($658k), Propane Council of Texas ($658k) and Mississippi Early Learning Alliance Inc ($658k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $518k. At year end it held assets of $149k against liabilities of $286k, net assets of -$137k. It reported 11 employees.