Davenport Schools Foundation

Analysis

Davenport Schools Foundation is a registered charity in United States, based in Davenport, IA. It received its IRS tax-exemption ruling in July 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, Davenport Schools Foundation reported income of $236k and spending of $200k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $641k to $236k (-63%), an average of -22% a year. The sharpest change came in the year to June 2020, when income dropped by 38%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Davenport 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 57th percentile, and in the 58th percentile within IA. Charities of a similar size with the same main cause include Arkansas Independent Living Council ($236k), Kauai Veterans Council ($236k) and Victory to Victory Church International Outreach Center Inc ($236k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.9m against liabilities of $37k, net assets of $1.9m. It reported 1 employees.