Pensacola Beach Elementary School Building Foundation Inc

Analysis

Pensacola Beach Elementary School Building Foundation Inc is a registered charity in United States, based in Gulf Breeze, FL. It received its IRS tax-exemption ruling in October 2004, 22 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, Pensacola Beach Elementary School Building Foundation Inc reported income of $84k and spending of $172k, spending 205% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $72k to $84k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 217% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pensacola Beach Elementary School Building Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Dixon Elementary School PTO Inc ($84k), Educare Foundation Inc ($84k) and Falls City All Sports Booster Club ($84k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $1.2m, net assets of $7,826.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.