The Foundation for Osceola Education Inc

Analysis

The Foundation for Osceola Education Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Foundation for Osceola Education Inc reported income of $22.8m and spending of $21.6m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.2m to $22.8m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2021, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Foundation for Osceola Education Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Schools in Action ($22.8m), Learning with a Difference Inc ($22.8m) and Maya Angelou Public Charter School ($22.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $201k (0.9% of expenses). Other salaries and wages came to $451k. At year end it held assets of $18.5m against liabilities of $12.8m, net assets of $5.7m. It reported 10 employees.