Okaloosa Public Schools Foundation

Analysis

Okaloosa Public Schools Foundation is a registered charity in United States, based in Niceville, FL. It received its IRS tax-exemption ruling in July 1996, 30 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, Okaloosa Public Schools Foundation reported income of $752k and spending of $717k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $332k to $752k (+126%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Okaloosa Public Schools Foundation sits at the 78th percentile: it is larger than about 78% 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 Copiah County Human Resource Agency ($751k), Parks Foundation of Oak Park ($752k) and Polk Sheriffs Charities Inc ($750k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $434k against liabilities of $103k, net assets of $331k.