Clay County Education Foundation

Analysis

Clay County Education Foundation is a registered charity in United States, based in Green CV SPGS, FL. It received its IRS tax-exemption ruling in August 1988, 38 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 2024, Clay County Education Foundation reported income of $739k and spending of $592k, spending 80% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $415k to $739k (+78%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 87%. 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, Clay County Education Foundation 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 Child Development Council of Adams County ($739k), Pregnancy Helpline ($739k) and Front Yard Bikes ($739k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $132k (22% of expenses). Other salaries and wages came to $3,245. At year end it held assets of $372k against liabilities of $0, net assets of $372k.