Wythe County Public Schools Foundation for Excellence Inc

Analysis

Wythe County Public Schools Foundation for Excellence Inc is a registered charity in United States, based in Wytheville, VA. It received its IRS tax-exemption ruling in February 2006, 20 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, Wythe County Public Schools Foundation for Excellence Inc reported income of $348k and spending of $288k, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $223k to $348k (+56%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 106%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wythe County Public Schools Foundation for Excellence Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Brown Alumni Association ($348k), Nat King Cole Generation Hope Inc ($348k) and Colegio de LA Inmaculada Concepcion ($348k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $10k (3.5% of expenses). At year end it held assets of $215k against liabilities of $42k, net assets of $173k.