Future Leaders Community Development Corporation Inc

Analysis

Future Leaders Community Development Corporation Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2023, Future Leaders Community Development Corporation Inc reported income of $72k and spending of $80k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $248k to $72k (-71%), an average of -34% a year. The sharpest change came in the year to December 2021, when income dropped by 69%. Over the whole period it spent 128% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Future Leaders Community Development Corporation Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 32nd percentile within FL. Charities of a similar size with the same main cause include Paragon Team Parents Association Inc ($72k), Fox Point-Bayside Parent Teacher Organization Inc ($72k) and Sacramento Independent Learning Center Corporation ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $478k against liabilities of $466k, net assets of $12k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.