Study Zone of South Florida Inc

Analysis

Study Zone of South Florida Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in August 2000, 26 years ago. 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 July 2024, Study Zone of South Florida Inc reported income of $77k and spending of $88k, spending 114% of what it took in. Across the 4 years on record, from July 2020 to July 2024, income fell from $225k to $77k (-66%), an average of -30% a year. The sharpest change came in the year to July 2022, when income rose by 217%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Study Zone of South Florida Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Essex County Legal Aid Association ($77k), Metropolitan Detroit Research and Education Foundation ($77k) and Quilters Guild of Plano ($77k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $36k against liabilities of $1,765, net assets of $34k.