Tooele County School District Education Foundation Inc

Analysis

Tooele County School District Education Foundation Inc is a registered charity in United States, based in Tooele, UT. It received its IRS tax-exemption ruling in January 2012, 14 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 June 2023, Tooele County School District Education Foundation Inc reported income of $1.2m and spending of $962k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $661k to $1.2m (+75%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tooele County School District Education Foundation Inc 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 81st percentile, and in the 79th percentile within UT. Charities of a similar size with the same main cause include Blueprint 15 Inc ($1.2m), Patten Education Foundation ($1.2m) and Shepherds Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $11k, net assets of $1.0m.