Bedford City Schools Foundation

Analysis

Bedford City Schools Foundation is a registered charity in United States, based in Bedford, OH. It received its IRS tax-exemption ruling in August 1998, 28 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, Bedford City Schools Foundation reported income of $55k and spending of $34k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $82k to $55k (-33%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income dropped by 106%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bedford City Schools Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within OH. Charities of a similar size with the same main cause include Parent Booster USA Inc ($55k), PTA North Carolina Congress ($55k) and Ottumwa Public Library Foundation ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $881k against liabilities of $0, net assets of $881k.