Fsu Foundation Supporting Organization Inc

Analysis

Fsu Foundation Supporting Organization Inc is a registered charity in United States, based in Fitchburg, MA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Fsu Foundation Supporting Organization Inc reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $682k to $1.6m (+137%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 116%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fsu Foundation Supporting Organization Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Maryland Business Roundtable for Education Inc ($1.6m), Fort Mill School Facilitiescorporation ($1.6m) and Silver Spring Day School Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. At year end it held assets of $7.8m against liabilities of $5.5m, net assets of $2.3m.