Vystar Community Foundation Inc

Analysis

Vystar Community Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Vystar Community Foundation Inc reported income of $1.1m and spending of $905k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $250k to $1.1m (+331%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 430764%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vystar Community Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include JLCS Facilities Inc ($1.1m), Center for Creative Education ($1.1m) and Community 5413 Dba Childrens Promise Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $423k against liabilities of $0, net assets of $423k.