Fleet Landing Endowment Fund Inc

Analysis

Fleet Landing Endowment Fund Inc is a registered charity in United States, based in Atlantic BCH, FL. It received its IRS tax-exemption ruling in August 1995, 31 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 December 2023, Fleet Landing Endowment Fund Inc reported income of $300k and spending of $49k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $300k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fleet Landing Endowment Fund Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Toole County Community Foundation Inc ($300k), Walter R Earle Memorial Foundation Inc ($301k) and Mary Kate Shannon Benevolent TR ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $3.1m against liabilities of $10, net assets of $3.1m.