Bismarck Public Schools Foundation

Analysis

Bismarck Public Schools Foundation is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bismarck Public Schools Foundation reported income of $1.2m and spending of $653k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $420k to $1.2m (+194%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 153%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bismarck Public Schools Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within ND. Charities of a similar size with the same main cause include Ohio Adolescent Health Centers ($1.2m), Pennsylvania Association for the Education of Young Children ($1.2m) and Marshall Christian Academy Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 6.4% of the total. Other salaries and wages came to $5,131. At year end it held assets of $5.9m against liabilities of $335k, net assets of $5.6m.