I found an iphone on the floor? What do I do with it?

I don't want to be accused of stealing (theft by finding). I took it home and used it for awhile after i broke the sim card. I can't return it to a police station because i'm a child and i can't tell my parents (don't ask why). Also, I'm only allowed to travel stricly to and from school, no where else. I found the phone on the sidewalk when i was walking to school. Its an iphone 5 gray. How do I get rid of this thing, because i know that its not mine I don't want it anymore. Also, I can't call the owner. I just want this out of my hands.

Added (1). Should I turn it into my school

The police will come calling anyway, they transmit their position after theft and the location of use is recorded. So hand it in to the police, say you found it and start praying.

Have you ever seen a dumpster, toss it in one.

Why would you break the SIM card?

Take it to an Apple Store and tell them you found it in the street.

Turn it in to the lost and found at school

  • What should i do? My iPhone 6s plus drops on the floor? Today my iPhone 6s plus drops on the floor. Luckily it was inside a flip case of iPhone, my screen is safe but the upper part of the body got some scratches how to remove that? I'm scared is it possible to remove scratches on the body of an iPhone?
  • Vertical green lines appear on my Iphone 5 after dropping it on concrete floor? I dropped my Iphone 5 on the floor and then when I picked it up, green vertical lines appear. It goes away after turning the device off however, the green lines appear when the device is switched back on. What should I do? I live in Australia fyi
  • My iPhone won't start after i dropped it on the floor? Hi.today when i was at home i dropped my iphone 3gs with cydia jailbrake in the floor and now it won't start. I have tried the dfu thing and it didn't work the way i tried it and i have been charging it all day and it still won't start! If you know something that can help in anyway please comment, my iphone is really important to me and i need some information on it.
  • My iphone 5 fell from 5th floor.and broke into 2 pieces can it be repaired? I was talking in the balcony when my phone fell down to the ground.5 stories below… Onto a concrete floor n thr fone stopped working. And it came apart in two pieces with battery visible So is there any hope of getting it repaired by apple or other people? It costed 50000 indian currency rupees! Is there no way to repair it?