Hancock Elementary School Foundation

Analysis

Hancock Elementary School Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hancock Elementary School Foundation reported income of $71k and spending of $72k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $54k to $71k (+33%), an average of +33% a year. The sharpest change came in the year to June 2024, when income rose by 33%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hancock Elementary School Foundation sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Yes Kindness Works ($71k), Menomonie Wrestling Club Inc ($71k) and Spencerport Junior Rangers ($71k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.