School District 158 Foundation Inc

Analysis

School District 158 Foundation Inc is a registered charity in United States, based in Algonquin, IL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, School District 158 Foundation Inc reported income of $89k and spending of $46k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $220k to $89k (-59%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 82%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School District 158 Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 35th percentile within IL. Charities of a similar size with the same main cause include Bhfa Scholarship Fund Inc ($89k), McAuliffe Choir Boosters ($89k) and Parent Teacher Organization PTO Main Elementary ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.