Kent Schools Foundation

Analysis

Kent Schools Foundation is a registered charity in United States, based in Kent, WA. It received its IRS tax-exemption ruling in August 2014, 12 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, Kent Schools Foundation reported income of $1.3m and spending of $103k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.5m to $1.3m (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 3.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kent Schools Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within WA. Charities of a similar size with the same main cause include Wor-Wic Community College Foundation ($1.3m), Friends of Kipp New Orleans Inc ($1.3m) and Patten Free Library ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.