Wethersfield School Academic Foundation

Analysis

Wethersfield School Academic Foundation is a registered charity in United States, based in Kewanee, IL. It received its IRS tax-exemption ruling in August 2014, 12 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, Wethersfield School Academic Foundation reported income of $53k and spending of $46k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $86k to $53k (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income rose by 138%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wethersfield School Academic Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include St James Band Booster ($53k), Rolla Chapter of Beta Sigma Psi Charitable Fountation ($53k) and Missouri Association of Building Officials and Inspectors ($53k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $563k against liabilities of $0, net assets of $563k.