Spring Lake Public Schools Foundation

Analysis

Spring Lake Public Schools Foundation is a registered charity in United States, based in Spring Lake, MI. It received its IRS tax-exemption ruling in November 1983, 43 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 August 2024, Spring Lake Public Schools Foundation reported income of $212k and spending of $208k, spending 98% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $184k to $212k (+15%), an average of +7.4% a year. The sharpest change came in the year to August 2024, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spring Lake Public Schools Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Valley Theater ($212k), Los Angeles Institute and Society for Psychoanalytic Studies ($212k) and Richland Area Band Boosters ($212k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $111k against liabilities of $0, net assets of $111k.