21st Century School Fund Inc

Analysis

21st Century School Fund Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2024, 2 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, 21st Century School Fund Inc reported income of $222k and spending of $309k, spending 139% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $232k to $222k (-4.6%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 94% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 21st Century School Fund 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 56th percentile, and in the 31st percentile within DC. Charities of a similar size with the same main cause include Beaumont Rotary Foundation Inc ($222k), Nikwasi Initiative ($222k) and U P Community Services Inc ($221k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $55k (18% of expenses). Other salaries and wages came to $94k. At year end it held assets of $149k against liabilities of $1,644, net assets of $148k. It reported 3 employees.