Foundation for Excellence in Bridgeport Public Schools Inc

Analysis

Foundation for Excellence in Bridgeport Public Schools Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in December 2020, 6 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 2023, Foundation for Excellence in Bridgeport Public Schools Inc reported income of $747k and spending of $308k, leaving 59% of income unspent that year. The sharpest change came in the year to June 2022, when income rose by 216%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Excellence in Bridgeport Public Schools Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include The Ivymount Foundation Inc ($747k), Margarita Muniz Academy Foundation Inc ($747k) and Spokane Waldorf Education Association ($747k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $929k against liabilities of $0, net assets of $929k.