Forest Hills Public Schools Foundation

Analysis

Forest Hills Public Schools Foundation is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 1985, 41 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 June 2023, Forest Hills Public Schools Foundation reported income of $288k and spending of $316k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $661k to $288k (-57%), an average of -19% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forest Hills Public Schools Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MI. Charities of a similar size with the same main cause include Hospice Volunteers of Hancock County ($288k), Historical Society of Santuit & Cotuit Inc ($288k) and Ukrainian American Freedom Foundation Inc ($288k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $55k. At year end it held assets of $5.4m against liabilities of $146k, net assets of $5.3m. It reported 2 employees.