Worcester County Public Schools Education Foundation Inc

Analysis

Worcester County Public Schools Education Foundation Inc is a registered charity in United States, based in Newark, MD. It received its IRS tax-exemption ruling in June 2015, 11 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, Worcester County Public Schools Education Foundation Inc reported income of $190k and spending of $17k, leaving 91% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $137k to $190k (+39%), an average of +8.5% a year. The sharpest change came in the year to June 2020, when income rose by 94%. Over the whole period it spent 22% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Worcester County Public Schools Education Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Conscious Kids Association ($190k), Knowledge-First ($190k) and Lords Hour ($190k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.