Halifax County Public Schools Education Foundation Inc

Analysis

Halifax County Public Schools Education Foundation Inc is a registered charity in United States, based in Halifax, 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Halifax County Public Schools Education Foundation Inc reported income of $108k and spending of $330k, spending 307% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income fell from $298k to $108k (-64%), an average of -29% a year. The sharpest change came in the year to June 2024, when income dropped by 67%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Halifax County Public Schools Education Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within VA. Charities of a similar size with the same main cause include Neville Football & Baseball Inc ($108k), Mound School Parent Group ($108k) and Belleville Public Schools District 118 Educational Foundation Ltd ($108k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $33k (10.0% of expenses). At year end it held assets of $289k against liabilities of $0, net assets of $289k.