Centennial School Foundation

Analysis

Centennial School Foundation is a registered charity in United States, based in Utica, NE. It received its IRS tax-exemption ruling in December 1990, 36 years ago. 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, Centennial School Foundation reported income of $80k and spending of $90k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $87k to $80k (-8.2%), an average of -2.8% a year. The sharpest change came in the year to December 2022, when income rose by 98%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centennial School Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NE. Charities of a similar size with the same main cause include German School of the East Bay ($80k), Community Ambulance Service of Preston Iowa ($80k) and PTA Georgia Congress ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.