SFPBS Foundation Inc

Analysis

SFPBS Foundation Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, SFPBS Foundation Inc reported income of $7.5m and spending of $594k, leaving 92% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $7.5m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 2026%. Over the whole period it spent 1.6% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, SFPBS Foundation Inc sits at the 97th percentile: it is larger than about 97% 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 Philos Project Inc ($7.5m), Patuxent Partnership Inc ($7.5m) and Wamc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $78.1m against liabilities of $2.1m, net assets of $76.1m.