Waco Community School Foundation

Analysis

Waco Community School Foundation is a registered charity in United States, based in Wayland, IA. It received its IRS tax-exemption ruling in September 2004, 22 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 2021, Waco Community School Foundation reported income of $81k and spending of $63k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $49k to $81k (+66%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 1166% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Waco Community School Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include Anoka High School Dance Team Booster Club ($81k), Irving Fire Foundation Inc ($81k) and Science Zone Corporation ($81k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.