Thomas Maclaren School Foundation

Analysis

Thomas Maclaren School Foundation is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in November 2021, 5 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, Thomas Maclaren School Foundation reported income of $1.1m and spending of $967k, spending 90% of its income. Across the 6 years on record, from June 2017 to June 2024, income grew from $2,784 to $1.1m (+38651%), an average of +229% a year. The sharpest change came in the year to June 2019, when income rose by 20133%. Over the whole period it spent 138% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Thomas Maclaren School Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Westmoreland County Community College Educational Foundation Inc ($1.1m), Fenway High School Fund ($1.1m) and Society for Financial Education & Professional Development ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $14.7m against liabilities of $17.4m, net assets of -$2.7m.