School District 145 Foundation for Education

Analysis

School District 145 Foundation for Education is a registered charity in United States, based in Waverly, NE. It received its IRS tax-exemption ruling in May 1991, 35 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, School District 145 Foundation for Education reported income of $932k and spending of $673k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $364k to $932k (+156%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 98%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School District 145 Foundation for Education sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NE. Charities of a similar size with the same main cause include Freedom Righteous Organizing Collaborative ($932k), Being Alive People with AIDS Action Coalition Inc ($932k) and Administration of Resources & ($932k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 56% of the total. Other salaries and wages came to $236k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 31 employees.