Camano Schoolhouse Foundation

Analysis

Camano Schoolhouse Foundation is a registered charity in United States, based in Camano Island, WA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Camano Schoolhouse Foundation reported income of $66k and spending of $58k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $378k to $66k (-83%), an average of -58% a year. The sharpest change came in the year to December 2022, when income dropped by 86%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Camano Schoolhouse Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Sandalwood Band Association Inc ($66k), US Chinese Dance Association ($66k) and Wright B Flyer Incorporated ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $468k against liabilities of $29k, net assets of $439k.