Foundation of Associated Industries of Florida Inc

Analysis

Foundation of Associated Industries of Florida Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation of Associated Industries of Florida Inc reported income of $146k and spending of $87k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $146k (+306%), an average of +306% a year. The sharpest change came in the year to December 2023, when income rose by 306%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation of Associated Industries of Florida Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Half Moon Bay High School PTO ($146k), Perry Township Education Foundation Inc ($146k) and CG Woodson High School Rowing Boosters Association Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $237k against liabilities of $7,554, net assets of $229k.