Miami-Dade County Public Schools Fo Undation Inc

Analysis

Miami-Dade County Public Schools Fo Undation Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Miami-Dade County Public Schools Fo Undation Inc reported income of $4.0m and spending of $4.4m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.4m to $4.0m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2022, when income dropped by 41%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Miami-Dade County Public Schools Fo Undation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within FL. Charities of a similar size with the same main cause include Yeshiva Ohr Yehuda ($4.0m), Solomon Schechter Day School of Greater Hartford Inc ($4.0m) and Veritas Christian Academy Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $148k (3.4% of expenses). Other salaries and wages came to $23k. At year end it held assets of $5.0m against liabilities of $3.2m, net assets of $1.8m. It reported 2 employees.