Florida for Online Education Inc

Analysis

Florida for Online Education Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Florida for Online Education Inc reported income of $6.8m and spending of $6.8m, spending 100% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $6.8m to $6.8m (+0.9%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Florida for Online Education Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Lubbock Christian School ($6.8m), Bethany Community Middle School Inc ($6.8m) and The Family Nurturing Center ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 82% of the total. Other salaries and wages came to $2.8m. At year end it held assets of $557k against liabilities of $551k, net assets of $6,012.