Florida Foundation for Future Scientists University of Florida

Analysis

Florida Foundation for Future Scientists University of Florida is a registered charity in United States, based in Goldenrod, FL. It received its IRS tax-exemption ruling in October 1959, 67 years ago. 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, Florida Foundation for Future Scientists University of Florida reported income of $159k and spending of $149k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $159k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Foundation for Future Scientists University of Florida sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Spiritual Center Windsor Inc ($159k), Roa Standing Together for Americas Reservists Foundation Stars ($159k) and Howard-Palmetto Baseball Softball Association Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 50% of the total. At year end it held assets of $304k against liabilities of $0, net assets of $304k.