Foundation for Rankin County Public Schools Inc

Analysis

Foundation for Rankin County Public Schools Inc is a registered charity in United States, based in Brandon, MS. It received its IRS tax-exemption ruling in January 2009, 17 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, Foundation for Rankin County Public Schools Inc reported income of $60k and spending of $32k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $216k to $60k (-72%), an average of -28% a year. The sharpest change came in the year to June 2022, when income rose by 607%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Rankin County Public Schools Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within MS. Charities of a similar size with the same main cause include American Public Works Association Oregon Chapter Scholastic FND Inc ($60k), Texas Association of Community College Foundation Inc ($60k) and Indialantic Elementary PTO Inc ($60k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $214k against liabilities of $0, net assets of $214k.