Depaul School of North East Florida Inc

Analysis

Depaul School of North East Florida Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in October 1981, 45 years ago. 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 July 2023, Depaul School of North East Florida Inc reported income of $1.8m and spending of $1.3m, leaving 29% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $940k to $1.8m (+91%), an average of +24% a year. The sharpest change came in the year to July 2023, when income rose by 46%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Depaul School of North East Florida Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Troy Savings Bank Music Hall Corporation ($1.8m), United Way of Suwannee Valley Inc ($1.8m) and Victorious Christian Harvesters Inc ($1.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 27% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $98k (7.6% of expenses). At year end it held assets of $1.1m against liabilities of $76k, net assets of $1.0m. It reported 12 employees.