Washington Community School District Foundation

Analysis

Washington Community School District Foundation is a registered charity in United States, based in Keota, IA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Washington Community School District Foundation reported income of $414k and spending of $72k, leaving 83% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $309k to $414k (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 614%. Over the whole period it spent 23% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Washington Community School District Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include The Tewksbury Historical Society ($414k), South Walton Beaches Wine and Food Festival Inc ($414k) and Truong Buu Diep Foundation ($413k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.