Myers Park High School Foundation Inc

Analysis

Myers Park High School Foundation Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 2012, 14 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 June 2024, Myers Park High School Foundation Inc reported income of $377k and spending of $263k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $530k to $377k (-29%), an average of -8.2% a year. The sharpest change came in the year to June 2024, when income rose by 62%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Myers Park High School Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Entrepreneurs Organization ($377k), Lafayette Home and School Association D C Public School ($377k) and Orangevale Open K-8 Parent Teacher Student Organization ($377k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.