The Fernandina Beach High School Foundation Inc

Analysis

The Fernandina Beach High School Foundation Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in June 1988, 38 years ago. 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 December 2022, The Fernandina Beach High School Foundation Inc reported income of $139k and spending of $99k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $156k to $139k (-10%), an average of -3.6% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fernandina Beach High School Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Patriotic Kenny Foundation ($139k), Clearfield Swimming Pool Association Inc ($139k) and Madlyn and Leonard Abramson Center for Jewish Life Workers Compensati ($139k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.