Schaumburg Township Elementary School Foundation

Analysis

Schaumburg Township Elementary School Foundation is a registered charity in United States, based in Schaumburg, IL. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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, Schaumburg Township Elementary School Foundation reported income of $134k and spending of $173k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $134k (-9.2%), an average of -9.2% a year. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Schaumburg Township Elementary School 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 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Native Youth Leadership Alliance ($134k), Tom Popelka Evangelistic Association Inc ($134k) and Price County Historical Society Inc ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.