Citrus Reserach and Field Trial Foundation Inc

Analysis

Citrus Reserach and Field Trial Foundation Inc is a registered charity in United States, based in Bartow, FL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Citrus Reserach and Field Trial Foundation Inc reported income of $19.7m and spending of $19.4m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.7m to $19.7m (+620%), an average of +64% a year. The sharpest change came in the year to June 2024, when income rose by 134%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Citrus Reserach and Field Trial Foundation 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 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Kirkpatrick Family Affiliated Fund Ok City Community Foundation Inc ($19.4m), Baltimore Civic Fund Inc ($19.7m) and Lsu Health Sciences Foundation in Shreveport ($19.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $31.6m against liabilities of $31.3m, net assets of $332k.