Manitowoc Public School District Foundation

Analysis

Manitowoc Public School District Foundation is a registered charity in United States, based in Manitowoc, WI. It received its IRS tax-exemption ruling in April 2008, 18 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 2023, Manitowoc Public School District Foundation reported income of $523k and spending of $330k, leaving 37% of income unspent that year. Across the 6 years on record, from June 2018 to June 2023, income grew from $397k to $523k (+32%), an average of +5.7% a year. The sharpest change came in the year to June 2020, when income rose by 11598%. Over the whole period it spent 18% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Manitowoc Public School District Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within WI. Charities of a similar size with the same main cause include Keep ($523k), Wellesley Free Library Foundation Inc ($523k) and Tennessee Arts Academy Foundation ($523k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $7.9m against liabilities of $0, net assets of $7.9m.