Foundation for Orlandos Future Inc

Analysis

Foundation for Orlandos Future Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Foundation for Orlandos Future Inc reported income of $838k and spending of $1.1m, spending 127% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.2m to $838k (-28%), an average of -7.9% a year. The sharpest change came in the year to September 2022, when income rose by 44%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Orlandos Future Inc sits at the 74th percentile: it is larger than about 74% 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 Flower Mound High School Band Booster Club ($838k), Blue Ribbon Schools of Excelence Inc ($839k) and Kings Christian Academy Roanoke Inc ($838k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $100k (9.4% of expenses). Other salaries and wages came to $284k. At year end it held assets of $410k against liabilities of $1.2m, net assets of -$827k. It reported 5 employees.