Grand Haven Schools Foundation

Analysis

Grand Haven Schools Foundation is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grand Haven Schools Foundation reported income of $220k and spending of $205k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $189k to $220k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2023, when income rose by 943%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grand Haven Schools Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Arts As Healing Foundation ($220k), South Academy of International Languages Ptso ($220k) and American Association of Teachers of Italian ($220k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $55k (27% of expenses). At year end it held assets of $156k against liabilities of $31k, net assets of $125k. It reported 1 employees.