The Education Foundation of Putnam County Inc

Analysis

The Education Foundation of Putnam County Inc is a registered charity in United States, based in Palatka, FL. It received its IRS tax-exemption ruling in April 2019, 7 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, The Education Foundation of Putnam County Inc reported income of $189k and spending of $96k, leaving 49% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $81k to $189k (+135%), an average of +24% a year. The sharpest change came in the year to June 2024, when income rose by 189%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Education Foundation of Putnam County Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include South Paulding Touchdown Club ($189k), Mymichigan Medical Center Midland Volunteers ($189k) and Independent College Fund of Maryland Inc ($189k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $232k against liabilities of $87k, net assets of $145k.