Forrestville Valley School Foundation

Analysis

Forrestville Valley School Foundation is a registered charity in United States, based in Forreston, IL. It received its IRS tax-exemption ruling in December 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Forrestville Valley School Foundation reported income of $54k and spending of $65k, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $160k to $54k (-67%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 68%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forrestville Valley School Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Society of Mayflower Descendents in the State of New Jersey ($54k), Park Cities Learning Differences Association ($54k) and Parks and Recreation Partners of Universal City ($54k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $709k against liabilities of $0, net assets of $709k.