Suncoast Education Broadcasting Inc

Analysis

Suncoast Education Broadcasting Inc is a registered charity in United States, based in Englewood, FL. It received its IRS tax-exemption ruling in August 1989, 37 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, Suncoast Education Broadcasting Inc reported income of $180k and spending of $174k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $180k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suncoast Education Broadcasting Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Autism Society of Southern Arizona Inc ($180k), Little League Baseball Inc ($180k) and Historical Society of Washington County Virginia Incorporated ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $150k against liabilities of $1,573, net assets of $149k.