South Florida Youth Foundation Inc

Analysis

South Florida Youth Foundation Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, South Florida Youth Foundation Inc reported income of $200k and spending of $150k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $200k (+296%), an average of +296% a year. The sharpest change came in the year to December 2023, when income rose by 296%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, South Florida Youth Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within FL. Charities of a similar size with the same main cause include Joe Louis Greenway Partnership ($200k), American Safe Climbing Association ($200k) and Southside Swarm Volleyball Club Inc ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.