Vashon Island Public Schools Foundation

Analysis

Vashon Island Public Schools Foundation is a registered charity in United States, based in Vashon, WA. It received its IRS tax-exemption ruling in January 2011, 15 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 December 2023, Vashon Island Public Schools Foundation reported income of $158k and spending of $230k, spending 146% of what it took in. Across the 5 years on record, from August 2019 to December 2023, income fell from $177k to $158k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vashon Island Public Schools Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within WA. Charities of a similar size with the same main cause include Finserv Foundation ($158k), Hidden Valley Parent Faculty Club ($158k) and Alpha Kappa Psi Foundation ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $445k against liabilities of $128k, net assets of $317k.