The Optimist Foundation of Greater Goulds Florida Inc

Analysis

The Optimist Foundation of Greater Goulds Florida Inc is a registered charity in United States, based in Goulds, FL. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, The Optimist Foundation of Greater Goulds Florida Inc reported income of $181k and spending of $140k, leaving 23% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $118k to $181k (+54%), an average of +54% a year. The sharpest change came in the year to September 2023, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Optimist Foundation of Greater Goulds Florida Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Rhodes Charitable Trust ($181k), Olivias Gift Inc ($181k) and Reflective Image Inc ($181k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $22k, net assets of $132k.