Tampa Bay Economic Prosperity Foundation

Analysis

Tampa Bay Economic Prosperity Foundation is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Tampa Bay Economic Prosperity Foundation reported income of $351k and spending of $397k, spending 113% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $1.3m to $351k (-73%), an average of -48% a year. The sharpest change came in the year to September 2023, when income rose by 297%. Over the whole period it spent 45% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tampa Bay Economic Prosperity Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Carters Crew ($351k), Buddy Snow Foundation Inc ($351k) and Angels on Patrol Inc ($351k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $973k against liabilities of $25k, net assets of $948k.