Florida Foundation for Special Children Inc

Analysis

Florida Foundation for Special Children Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1967, 59 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida Foundation for Special Children Inc reported income of $350k and spending of $664k, spending 190% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $437k to $350k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2022, when income rose by 309%. Over the whole period it spent 196% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Florida Foundation for Special Children Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Cockeysville Recreation and Parks Council ($350k), Fly Fishing Collaborative ($350k) and Hershey Aquatic Club Inc ($349k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $159k against liabilities of $3.8m, net assets of -$3.7m.

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.