Adams Township School District Foundation Inc

Analysis

Adams Township School District Foundation Inc is a registered charity in United States, based in Painesdale, MI. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Adams Township School District Foundation Inc reported income of $174k and spending of $112k, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $184k to $174k (-5.5%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 197%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adams Township School District Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Africa Christian Training Institute ($174k), Leadership Academy of Madison County ($174k) and The Greenhouse School Inc ($173k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.