Council Bluffs Schools Foundation Inc

Analysis

Council Bluffs Schools Foundation Inc is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in February 1992, 34 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 August 2023, Council Bluffs Schools Foundation Inc reported income of $3.6m and spending of $7.0m, spending 195% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.7m to $3.6m (+31%), an average of +7.0% a year. The sharpest change came in the year to August 2022, when income rose by 229%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Council Bluffs Schools Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Cincinnati State Technical and Community College Foundation ($3.6m), School Board Partners ($3.6m) and All Star Academy Inc ($3.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $115k (1.7% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $6.1m against liabilities of $230k, net assets of $5.8m. It reported 99 employees.