Washington Citizens School Foundation TR

Analysis

Washington Citizens School Foundation TR is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in January 1974, 52 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington Citizens School Foundation TR reported income of $57k and spending of $105k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $75k to $57k (-24%), an average of -6.7% a year. The sharpest change came in the year to December 2021, when income rose by 221%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Citizens School Foundation TR sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include Dignity Compton Corporation ($57k), American Youth Football Inc ($57k) and Na Kai Ewalu ($57k).

Compensation of current officers, directors and key employees was $13k (12% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.