Take Stock in Children of Nassau County

Analysis

Take Stock in Children of Nassau County is a registered charity in United States, based in Fernandina Beach, FL. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Take Stock in Children of Nassau County reported income of $695k and spending of $493k, leaving 29% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $691k to $695k (+0.6%), an average of +0.2% a year. The sharpest change came in the year to June 2021, when income dropped by 26%. Over the whole period it spent 59% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Take Stock in Children of Nassau County sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Swan Songs Musical Last Wishes ($695k), Family G a P Foundation ($695k) and Help One Child Mission to Children at Risk ($695k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $72k (15% of expenses). Other salaries and wages came to $135k. At year end it held assets of $5.6m against liabilities of $0, net assets of $5.6m. It reported 9 employees.