St Petersburg College Foundation Inc

Analysis

St Petersburg College Foundation Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in September 1980, 46 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 March 2023, St Petersburg College Foundation Inc reported income of $8.0m and spending of $6.1m, leaving 23% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $4.7m to $8.0m (+69%), an average of +19% a year. The sharpest change came in the year to March 2022, when income rose by 41%. Over the whole period it spent 133% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Petersburg College Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Arts Academy Elementary Charter School Inc ($8.0m), Cedars Academy ($8.0m) and Revolution Academy ($8.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 75% and program service revenue 8.4% of the total. At year end it held assets of $77.7m against liabilities of $0, net assets of $77.7m.