Fennville Public Schools Educational Foundation

Analysis

Fennville Public Schools Educational Foundation is a registered charity in United States, based in Fennville, MI. It received its IRS tax-exemption ruling in October 1987, 39 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, Fennville Public Schools Educational Foundation reported income of $230k and spending of $225k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $191k to $230k (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 120%. 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, Fennville Public Schools Educational Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Friends of Shore Acres Inc ($230k), San Marcos Nursing & Rehab Center Inc ($230k) and Bellasnova Foundation ($230k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $3.1m against liabilities of $8,989, net assets of $3.1m.