Nassau Education Foundation Inc

Analysis

Nassau Education Foundation Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nassau Education Foundation Inc reported income of $133k and spending of $89k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $154k to $133k (-14%), an average of -3.7% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nassau Education Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Symphony of Trees Inc ($132k), United Way of Scott County Indiana Inc ($133k) and The Southwest Florida Foundation Incorporated ($132k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% of the total. Other salaries and wages came to $5,202. At year end it held assets of $253k against liabilities of $0, net assets of $253k. It reported 1 employees.