Sandhill Cove Foundation Inc

Analysis

Sandhill Cove Foundation Inc is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in October 2015, 11 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 2024, Sandhill Cove Foundation Inc reported income of $179k and spending of $175k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $261k to $179k (-31%), an average of -8.9% a year. The sharpest change came in the year to June 2021, when income dropped by 49%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sandhill Cove Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($179k), Association for Protestant Reformed Education ($179k) and China Partners ($179k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $654k against liabilities of $0, net assets of $654k.