Florida City Foundation Inc

Analysis

Florida City Foundation Inc is a registered charity in United States, based in Florida City, FL. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 December 2023, Florida City Foundation Inc reported income of $129k and spending of $147k, spending 114% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $36k to $129k (+263%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 141%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida City Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include De Portola Wine Trail Inc ($129k), Auto-Tek Workforce Development ($129k) and St Mark Community Education Program Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $499k against liabilities of $0, net assets of $499k.