Henry Mitchell Elementary Foundation Inc

Analysis

Henry Mitchell Elementary Foundation Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2005, 21 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 June 2023, Henry Mitchell Elementary Foundation Inc reported income of $192k and spending of $288k, spending 150% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $162k to $192k (+19%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henry Mitchell Elementary Foundation Inc sits at the 54th percentile: it is larger than about 54% 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 Friends of the Arlington County Library ($192k), Keller Isd Cte Booster Club Inc ($192k) and Co Alas ($192k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $137k against liabilities of $63k, net assets of $74k.