The Pensacola State College Foundation Inc

Analysis

The Pensacola State College Foundation Inc is a registered charity in United States, based in Pensacola, FL. It received its IRS tax-exemption ruling in June 1966, 60 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 December 2023, The Pensacola State College Foundation Inc reported income of $5.1m and spending of $1.6m, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $5.1m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Pensacola State College Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Community Youth Services of Southern Oklahoma Inc ($5.1m), Our Healthy Communities Inc ($5.1m) and The Frazer Center Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 1.4% of the total. At year end it held assets of $44.4m against liabilities of $2.1m, net assets of $42.3m.