Carden Educational FDN Inc

Analysis

Carden Educational FDN Inc is a registered charity in United States, based in Saint Johns, FL. It received its IRS tax-exemption ruling in August 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carden Educational FDN Inc reported income of $192k and spending of $258k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $955k to $192k (-80%), an average of -33% a year. The sharpest change came in the year to December 2020, when income dropped by 65%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carden Educational FDN 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 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Confessional Lutheran Education Foundation ($192k), Deland Band Parents Association Incorporated ($192k) and Milford Public School Band Boosters ($191k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $133k (51% of expenses). Other salaries and wages came to $55k. At year end it held assets of $1.2m against liabilities of $23k, net assets of $1.2m. It reported 6 employees.