Florida Technology Students Association and Foundation Inc

Analysis

Florida Technology Students Association and Foundation Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in July 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2024, Florida Technology Students Association and Foundation Inc reported income of $267k and spending of $247k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $239k to $267k (+12%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Technology Students Association and Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include One City United ($267k), West Seattle High School Alumni Association ($267k) and Illinois Masonic Foundation for the Prevention of Drug and Alcohol ($267k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $415k against liabilities of $0, net assets of $415k.