Glouster County Public Schools Educational Foundation Inc

Analysis

Glouster County Public Schools Educational Foundation Inc is a registered charity in United States, based in Gloucester, VA. It received its IRS tax-exemption ruling in August 1999, 27 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 December 2023, Glouster County Public Schools Educational Foundation Inc reported income of $71k and spending of $84k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $85k to $71k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income rose by 333%. Over the whole period it spent 47% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Glouster County Public Schools Educational Foundation Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include MLD PTO ($71k), Cesar Chavez Language Academy Foundation ($71k) and Edison Fairs Incorporated ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 51% of the total. At year end it held assets of $970k against liabilities of $0, net assets of $970k.