St Johns River State College Foundation Inc

Analysis

St Johns River State College Foundation Inc is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in November 1976, 50 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, St Johns River State College Foundation Inc reported income of $1.3m and spending of $658k, leaving 49% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $906k to $1.3m (+42%), an average of +9.1% a year. The sharpest change came in the year to March 2023, when income rose by 28%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Johns River State College Foundation 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 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include United States Amateur Confederation of Roller Skating ($1.3m), Liberty Hospital Foundation ($1.3m) and Blue Rock School ($1.3m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 50% of the total. At year end it held assets of $10.4m against liabilities of $215k, net assets of $10.2m.