Slam Florida Inc

Analysis

Slam Florida Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Slam Florida Inc reported income of $31.8m and spending of $30.2m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $31.8m (+241%), an average of +36% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Slam Florida Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Marin Country Day School ($31.8m), Mathematics Science & Technology Community Charter School ($31.8m) and Academy for Global Citizenship Charter School ($31.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.9% of the total. Other salaries and wages came to $12.2m. At year end it held assets of $53.5m against liabilities of $51.3m, net assets of $2.2m. It reported 407 employees.