Central Florida Chapter National Black Mba Association Inc

Analysis

Central Florida Chapter National Black Mba Association Inc is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Florida Chapter National Black Mba Association Inc reported income of $62k and spending of $52k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $62k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Florida Chapter National Black Mba Association Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Central Magnet School Parent Teacher Organization ($62k), Acton and Boxborough Student Activities Fund Inc ($62k) and Mt Vernon Pops Football ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 13% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.