Sebastian Exchange Club Foundation Inc

Analysis

Sebastian Exchange Club Foundation Inc is a registered charity in United States, based in Sebastian, FL. It received its IRS tax-exemption ruling in October 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Sebastian Exchange Club Foundation Inc reported income of $71k and spending of $81k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $92k to $71k (-23%), an average of -23% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sebastian Exchange Club Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within FL. Charities of a similar size with the same main cause include Newton Falls Athletic Boosters Club ($71k), WT Woodson High School Ptso Inc ($71k) and Education Francaise de Sacramento French Education in Sacramento ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 133% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.