Foundation for Wallingford- Swarthmore Schools

Analysis

Foundation for Wallingford- Swarthmore Schools is a registered charity in United States, based in Wallingford, PA. It received its IRS tax-exemption ruling in October 2011, 15 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 2024, Foundation for Wallingford- Swarthmore Schools reported income of $78k and spending of $38k, leaving 52% of income unspent that year. Across the 4 years on record, from June 2020 to June 2024, income fell from $89k to $78k (-12%), an average of -4.1% a year. The sharpest change came in the year to June 2023, when income rose by 291%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Wallingford- Swarthmore Schools sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Willis Wildkats Baseball Booster Club ($78k), Dennis Henneke Memorial Scholarship Fund ($78k) and Woodmen-Roberts Elementary Parent Teacher Organization ($78k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% of the total. At year end it held assets of $231k against liabilities of $0, net assets of $231k.