Foundation for Haslett Schools

Analysis

Foundation for Haslett Schools is a registered charity in United States, based in Haslett, MI. It received its IRS tax-exemption ruling in January 1990, 36 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 2024, Foundation for Haslett Schools reported income of $69k and spending of $29k, leaving 58% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $86k to $69k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Haslett Schools sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Clinton Lake Historical Society Inc ($69k), Conviction Discipleship Center ($69k) and PTA California Congress of Parents Teachers & Students Inc ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.