Marana Schools 2340 Foundation

Analysis

Marana Schools 2340 Foundation is a registered charity in United States, based in Marana, AZ. It received its IRS tax-exemption ruling in August 2013, 13 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 2024, Marana Schools 2340 Foundation reported income of $240k and spending of $198k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $229k to $240k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marana Schools 2340 Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within AZ. Charities of a similar size with the same main cause include Project Threadways Inc ($240k), Benjamin Logan Athletic Booster Club Inc ($240k) and Kentucky to the World Inc ($240k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $708k against liabilities of $0, net assets of $708k.