Friends of Florida History Inc

Analysis

Friends of Florida History Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Friends of Florida History Inc reported income of $285k and spending of $204k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $316k to $285k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to June 2021, when income rose by 159%. Over the whole period it spent 67% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Florida History Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Muncie Arts and Culture Council Inc ($285k), Ridgewood Nepalese Soceity Inc ($285k) and Yes Lab Inc ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 20% of the total. At year end it held assets of $4.6m against liabilities of $82k, net assets of $4.5m.