Florida Puerto Rican Parade Inc

Analysis

Florida Puerto Rican Parade Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Florida Puerto Rican Parade Inc reported income of $161k and spending of $147k, spending 91% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $177k to $161k (-8.8%), an average of -8.8% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Puerto Rican Parade Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Orchestra 2001 Incorporated ($161k), Rocky Mountain Community Radio ($161k) and Americana Festival Inc ($161k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $24k against liabilities of $2,050, net assets of $22k.