Eastern Florida State College Foundation Inc

Analysis

Eastern Florida State College Foundation Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Eastern Florida State College Foundation Inc reported income of $2.8m and spending of $2.4m, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $2.8m (+135%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eastern Florida State College Foundation Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Door Community Auditorium Corporation ($2.8m), A World Fit for Kids ($2.8m) and Edmund Burke Academy Inc ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 27% and program service revenue 6.5% of the total. Other salaries and wages came to $197k. At year end it held assets of $28.8m against liabilities of $32k, net assets of $28.8m.