Ibuildcentralflorida Inc

Analysis

Ibuildcentralflorida Inc is a registered charity in United States, based in Altamonte Springs, FL. It received its IRS tax-exemption ruling in January 2017, 9 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, Ibuildcentralflorida Inc reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $511k to $1.3m (+161%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ibuildcentralflorida Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Metropolitan State University Foundation ($1.3m), Saint John Paul II Preparatory School Inc ($1.3m) and Metropolitan Schoolhouse Chicago ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 18% of the total. Other salaries and wages came to $617k. At year end it held assets of $805k against liabilities of $7,476, net assets of $797k.