Levy County Public Schools Foundation Inc
Analysis
Levy County Public Schools Foundation Inc is a registered charity in United States, based in Chiefland, FL. It received its IRS tax-exemption ruling in November 1990, 36 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, Levy County Public Schools Foundation Inc reported income of $325k and spending of $233k, leaving 28% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $132k to $325k (+146%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 85% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Levy County Public Schools Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Seaside Aquatics Club ($325k), Alpha and Omega Freedom Ministries Incorporated ($325k) and Youngstown and Vicinity Sheet Metal Workers Jatc ($325k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $30k (13% of expenses). At year end it held assets of $845k against liabilities of $11k, net assets of $834k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 68%
- Other 32%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Seaside Aquatics Club | Seaside | $325k |
| Alpha and Omega Freedom Ministries Incorporated | Wauchula | $325k |
| Youngstown and Vicinity Sheet Metal Workers Jatc | Youngstown | $325k |
| John S Thorner Charitable Family Trust | Wheeling | $325k |