Mamaroneck Schools Foundation Inc

Analysis

Mamaroneck Schools Foundation Inc is a registered charity in United States, based in Larchmont, NY. It received its IRS tax-exemption ruling in April 1996, 30 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, Mamaroneck Schools Foundation Inc reported income of $265k and spending of $147k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $266k to $265k (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mamaroneck Schools Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Institute for Domestic and International Affairs ($265k), New Life CDC Inc ($265k) and Grosse Pointe Foundation for Public Education ($265k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $16k. At year end it held assets of $918k against liabilities of $65k, net assets of $853k. It reported 1 employees.