The Education Foundation of Collier County Inc

Analysis

The Education Foundation of Collier County Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in January 1991, 35 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 2023, The Education Foundation of Collier County Inc reported income of $5.0m and spending of $4.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $5.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Education Foundation of Collier County Inc sits at the 93rd percentile: it is larger than about 93% 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 Salem Community Foundation Inc ($5.0m), Struggle to Save Ethiopian Jewry Inc ($5.0m) and Childrens Initiative ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $132k (2.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.4m against liabilities of $27k, net assets of $9.3m. It reported 39 employees.