Olathe Public Schools Foundation

Analysis

Olathe Public Schools Foundation is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in September 2003, 23 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, Olathe Public Schools Foundation reported income of $1.6m and spending of $1.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.6m (-0.7%), an average of -0.2% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olathe Public Schools Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KS. Charities of a similar size with the same main cause include Summit Academy Akron Middle School ($1.6m), Eei Compass Educational Partners Inc ($1.6m) and Kent Library Association ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $4.8m against liabilities of $254k, net assets of $4.5m.