University of West Florida Foundation Inc

Analysis

University of West Florida Foundation Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in November 1965, 61 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 June 2023, University of West Florida Foundation Inc reported income of $24.0m and spending of $20.6m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.2m to $24.0m (+3.2%), an average of +0.8% a year. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of West Florida Foundation Inc sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Hillbrook School ($24.0m), United Charter High Schools ($24.0m) and Out-Of-Door Academy of Sarasota Inc ($24.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 43% of the total. Other salaries and wages came to $5.3m. It paid $27k in professional fundraising fees. At year end it held assets of $184.7m against liabilities of $37.7m, net assets of $147.1m.