Great Falls Public Schools Foundation

Analysis

Great Falls Public Schools Foundation is a registered charity in United States, based in Great Falls, MT. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Great Falls Public Schools Foundation reported income of $2.8m and spending of $1.4m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.2m to $2.8m (-9.8%), an average of -2.6% a year. The sharpest change came in the year to June 2023, when income rose by 102%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Great Falls Public Schools Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within MT. Charities of a similar size with the same main cause include Amigos de Los Rios ($2.8m), Forvis Mazars Foundation ($2.9m) and Seattle Times Community Impact Fund ($2.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $96k (6.9% of expenses). Other salaries and wages came to $108k. At year end it held assets of $9.5m against liabilities of $316, net assets of $9.5m. It reported 5 employees.