St Margarets School Foundation

Analysis

St Margarets School Foundation is a registered charity in United States, based in Tappahannock, VA. It received its IRS tax-exemption ruling in April 1977, 49 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, St Margarets School Foundation reported income of $841k and spending of $2.2m, spending 261% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.9m to $841k (-57%), an average of -19% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 115% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Margarets School Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Skidompha Library Assoc ($841k), Westwood Involvement Supports Education ($842k) and Heritage Retreats Inc ($841k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.