Professional Opticians of Florida Education Foundation Inc

Analysis

Professional Opticians of Florida Education Foundation Inc is a registered charity in United States, based in Crawfordville, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Professional Opticians of Florida Education Foundation Inc reported income of $225k and spending of $236k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $282k to $225k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Professional Opticians of Florida Education Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within FL. Charities of a similar size with the same main cause include Metropolitan Affairs Coalition ($225k), Center for Jobs and the Economy ($226k) and Synergies Work Inc ($225k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $45k against liabilities of $6,619, net assets of $38k.