Otsego Public Schools Foundation

Analysis

Otsego Public Schools Foundation is a registered charity in United States, based in Otsego, MI. It received its IRS tax-exemption ruling in June 1988, 38 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, Otsego Public Schools Foundation reported income of $337k and spending of $288k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $286k to $337k (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2022, when income dropped by 119%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Otsego Public Schools Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Physicians for a National Health Program ($337k), Volunteers of America Inc ($337k) and The International Society of Gynecological Pathologists ($337k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $6,465 (2.2% of expenses). At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.