Medina City Schools Foundation

Analysis

Medina City Schools Foundation is a registered charity in United States, based in Medina, OH. It received its IRS tax-exemption ruling in April 1986, 40 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, Medina City Schools Foundation reported income of $117k and spending of $135k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $151k to $117k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Medina City Schools Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Eye Education Foundation Inc ($117k), Rotary Club of Carmel-By-The-Sea Foundation ($117k) and Ned Alumni Association of Southern California ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $955k against liabilities of $152, net assets of $955k.