Williamston Schools Foundation

Analysis

Williamston Schools Foundation is a registered charity in United States, based in Williamston, MI. It received its IRS tax-exemption ruling in February 1982, 44 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 August 2023, Williamston Schools Foundation reported income of $120k and spending of $62k, leaving 48% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $151k to $120k (-21%), an average of -5.7% a year. The sharpest change came in the year to August 2021, when income dropped by 66%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Williamston Schools Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within MI. Charities of a similar size with the same main cause include Berea Academy Saint Louis ($120k), Sergeant Gregory L Hunter Memorial Foundation ($120k) and Lifetime Learning Center ($120k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $12k (20% of expenses). At year end it held assets of $771k against liabilities of $0, net assets of $771k. It reported 1 employees.