Spokane Public Schools Foundation

Analysis

Spokane Public Schools Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in March 2008, 18 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, Spokane Public Schools Foundation reported income of $126k and spending of $83k, leaving 34% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $214k to $126k (-41%), an average of -23% a year. The sharpest change came in the year to June 2022, when income dropped by 41%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spokane Public Schools Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 39th percentile within WA. Charities of a similar size with the same main cause include Grace Learning Center Inc ($126k), Rainbow Child Learning Center Inc ($126k) and Piedmont Public Schools Education Foundation ($126k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $297k against liabilities of $1,089, net assets of $296k.