Florida Next Foundation Inc

Analysis

Florida Next Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 April 2024, Florida Next Foundation Inc reported income of $803k and spending of $876k, spending 109% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $1.1m to $803k (-26%), an average of -5.9% a year. The sharpest change came in the year to April 2022, when income rose by 93%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Florida Next Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Connecticut Ballet Inc ($803k), Indiana Family Institute Inc ($803k) and PTA New York Congress ($803k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $464k. At year end it held assets of $150k against liabilities of $216k, net assets of -$66k.