Plant City High School Music Foundation Inc

Analysis

Plant City High School Music Foundation Inc is a registered charity in United States, based in Plant City, FL. It received its IRS tax-exemption ruling in August 2016, 10 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, Plant City High School Music Foundation Inc reported income of $125k and spending of $94k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $97k to $125k (+28%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plant City High School Music Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Friends of Upland Choral Music ($125k), Grundy County Chamber Foundation ($125k) and Legacy Magnet Academy PTO ($125k).

At year end it held assets of $66k against liabilities of $0, net assets of $66k.