Fasd Education Foundation Inc

Analysis

Fasd Education Foundation Inc is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fasd Education Foundation Inc reported income of $54k and spending of $32k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $54k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fasd Education Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Korean Heritage School of Long Island Inc ($54k), Kwu Cnxi ($54k) and Catawba Trail Elementary Parent Teacher Organization ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.