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Canterbury School of Florida Inc

RegisteredEIN 59-1218022St Petersburg, FLEducation and training
Income$10.5m2023-06
Spending$10.2msame year
Spent / received88%5-year average
Size in its cause94th pctEducation and training
Exempt since1970School
Employees131latest return

Analysis

Canterbury School of Florida Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Canterbury School of Florida Inc reported income of $10.5m and spending of $10.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.0m to $10.5m (+5.2%), an average of +1.3% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canterbury School of Florida Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Washington Manufacturing Services ($10.5m), Utopian Academy for the Arts the Miller Foundation Inc ($10.5m) and AIDS Community Resources ($10.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $272k (2.7% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $15.7m against liabilities of $5.8m, net assets of $9.8m. It reported 131 employees.

Income and spending

$0$2.8m$5.5m$8.3m$11.1m2019 Income: $9,956,0712019 Spending: $9,315,21720192020 Income: $11,098,3432020 Spending: $8,704,84320202021 Income: $9,748,8992021 Spending: $8,670,25920212022 Income: $10,947,7172022 Spending: $9,156,04420222023 Income: $10,470,6002023 Spending: $10,179,0432023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.0%
  • Program services 89%
  • Other 4.3%

Similar-sized charities, same cause

CharityLocationIncome
Washington Manufacturing ServicesEverett$10.5m
Utopian Academy for the Arts the Miller Foundation IncRiverdale$10.5m
AIDS Community ResourcesSyracuse$10.5m
Defending Democracy Together InstituteWashington$10.5m