Suwannee Foundation for Excellence in Education Inc

Analysis

Suwannee Foundation for Excellence in Education Inc is a registered charity in United States, based in Live Oak, FL. It received its IRS tax-exemption ruling in December 1990, 36 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Suwannee Foundation for Excellence in Education Inc reported income of $206k and spending of $173k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $86k to $206k (+139%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 47%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Suwannee Foundation for Excellence in Education Inc sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Sanctuary in the Ordinary ($206k), Growing Years Childrens Academy ($207k) and United Way of Deaf Smith County Inc ($206k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.