Freeport Area School Foundation

Analysis

Freeport Area School Foundation is a registered charity in United States, based in Freeport, PA. It received its IRS tax-exemption ruling in May 2017, 9 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 2023, Freeport Area School Foundation reported income of $84k and spending of $90k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $75k to $84k (+11%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Freeport Area School 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 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Wpma Scholarship Foundation Inc ($84k), Aurora All Sports Boosters ($84k) and Haight Ashbury Community Nursery School ($84k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% of the total. Other salaries and wages came to $15k. At year end it held assets of $797k against liabilities of $0, net assets of $797k.