Wayland Public Schools Foundation Inc

Analysis

Wayland Public Schools Foundation Inc is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in August 1983, 43 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, Wayland Public Schools Foundation Inc reported income of $163k and spending of $138k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $158k to $163k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayland Public Schools Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Association for Core Texts and Courses ($163k), Lebnet ($163k) and Tallahassee Quarterback Club Foundation ($163k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $541k against liabilities of $120k, net assets of $421k.