Island School Foundation Inc

Analysis

Island School Foundation Inc is a registered charity in United States, based in Boca Grande, FL. It received its IRS tax-exemption ruling in July 2009, 17 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, Island School Foundation Inc reported income of $1.1m and spending of $449k, leaving 58% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $779k to $1.1m (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2024, when income rose by 119%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Island School Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Laker Athletic Booster Club Inc ($1.1m), The Fellowship Bmec Inc ($1.1m) and East Aurora Community Nursery Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% of the total. At year end it held assets of $10.7m against liabilities of $1,613, net assets of $10.7m.