Foundation for Fort Mill Schools Inc

Analysis

Foundation for Fort Mill Schools Inc is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in August 2004, 22 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 December 2022, Foundation for Fort Mill Schools Inc reported income of $183k and spending of $157k, spending 86% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $208k to $183k (-12%), an average of -4.2% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Fort Mill Schools Inc sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 57th percentile within SC. Charities of a similar size with the same main cause include Penn Before and After School Program ($183k), Parent Booster USA Inc ($183k) and Culinary Endowment and Scholarship Inc ($183k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $21k (13% of expenses). At year end it held assets of $661k against liabilities of $0, net assets of $661k.