Motiv8u of North Central Florida Inc

Analysis

Motiv8u of North Central Florida Inc is a registered charity in United States, based in Newberry, FL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Motiv8u of North Central Florida Inc reported income of $71k and spending of $74k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $15k to $71k (+361%), an average of +115% a year. The sharpest change came in the year to December 2022, when income rose by 551%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Motiv8u of North Central Florida Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Spencer-Van Etten Youth Association Inc ($71k), Austin Allies ($71k) and Sound Check Group Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $3,372, net assets of -$3,372.