Davie School Foundation Inc

Analysis

Davie School Foundation Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Davie School Foundation Inc reported income of $474k and spending of $387k, spending 82% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $116k to $474k (+309%), an average of +42% a year. The sharpest change came in the year to July 2020, when income rose by 121%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davie School Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Lycoming County Historical Society ($474k), Colorado Bandmasters Association ($474k) and South Carolina Cancer Alliance ($474k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 42% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $134k (35% of expenses). Other salaries and wages came to $65k. At year end it held assets of $1.2m against liabilities of $8,959, net assets of $1.2m. It reported 4 employees.