The Foundation for Leon County Schools Inc

Analysis

The Foundation for Leon County Schools Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in May 1989, 37 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 June 2023, The Foundation for Leon County Schools Inc reported income of $732k and spending of $702k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $732k (+186%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Foundation for Leon County Schools Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include International Skydiving Museum & Hall of Fame ($732k), North American Soccer Association Ltd ($733k) and Hillel the Foundation for Jewish Campus Life ($732k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $720 (0.1% of expenses). Other salaries and wages came to $33k. At year end it held assets of $575k against liabilities of $109k, net assets of $465k. It reported 2 employees.