Wyoming School Foundation

Analysis

Wyoming School Foundation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1970, 56 years ago. 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, Wyoming School Foundation reported income of $259k and spending of $346k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $259k (-83%), an average of -36% a year. The sharpest change came in the year to June 2022, when income dropped by 68%. Over the whole period it spent 144% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wyoming School Foundation 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 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($259k), Ankeny Athletic Booster Club ($259k) and El Paso Symphony Foundation ($259k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $74k. At year end it held assets of $1.9m against liabilities of $2.1m, net assets of -$252k. It reported 2 employees.