Washoe K-12 Education Foundation

Analysis

Washoe K-12 Education Foundation is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in September 2011, 15 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 December 2023, Washoe K-12 Education Foundation reported income of $85k and spending of $123k, spending 145% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $270k to $85k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washoe K-12 Education Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within NV. Charities of a similar size with the same main cause include Sequoia Parents Club Inc ($85k), Parent Booster USA Inc ($85k) and Spout Springs Elementary School PTO ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.