Friends of Onancock School

Analysis

Friends of Onancock School is a registered charity in United States, based in Onancock, VA. 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 December 2023, Friends of Onancock School reported income of $232k and spending of $94k, leaving 59% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $232k (+438%), an average of +52% a year. The sharpest change came in the year to December 2021, when income rose by 266%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Onancock School sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Monarch Montessori School ($232k), Madison Central Band Boosters Inc ($232k) and Friends of the Chilmark Pre-School Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $55k. At year end it held assets of $629k against liabilities of $111k, net assets of $518k. It reported 2 employees.