St Pete Fools Charities Inc

Analysis

St Pete Fools Charities Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, St Pete Fools Charities Inc reported income of $106k and spending of $110k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $106k (+4.0%), an average of +4.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, St Pete Fools Charities Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Center for Ecodynamic Restoration ($106k), Texas Forest Country Partnership Inc ($106k) and Glocal Outreach ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.