Suncoast Foundation for Handicapped Children Inc

Analysis

Suncoast Foundation for Handicapped Children Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in November 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Suncoast Foundation for Handicapped Children Inc reported income of $283k and spending of $285k, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $172k to $283k (+64%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 94%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suncoast Foundation for Handicapped Children Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include San Ramon Valley Education Foundation ($283k), Casa of East Tennessee Inc ($283k) and The Ballet Alliance ($283k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.