Sumner-Bonney Lake Education Foundation

Analysis

Sumner-Bonney Lake Education Foundation is a registered charity in United States, based in Sumner, WA. It received its IRS tax-exemption ruling in July 2024, 2 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 August 2020, Sumner-Bonney Lake Education Foundation reported income of $86k and spending of $82k, spending 96% of its income. Across the 2 years on record, from August 2019 to August 2020, income grew from $79k to $86k (+8.4%), an average of +8.4% a year. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sumner-Bonney Lake Education Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Dream Academy ($86k), Strasburg Tiger Foundation Inc ($86k) and Dos Palos Ag Boosters Inc ($86k).

On its Form 990 for the period ending August 2020, revenue came from contributions and grants 48% of the total. At year end it held assets of $694k against liabilities of $0, net assets of $694k.