Alcoa City Schools Foundation Inc

Analysis

Alcoa City Schools Foundation Inc is a registered charity in United States, based in Alcoa, TN. It received its IRS tax-exemption ruling in April 1990, 36 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 September 2023, Alcoa City Schools Foundation Inc reported income of $121k and spending of $101k, spending 84% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $108k to $121k (+12%), an average of +12% a year. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alcoa City Schools Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within TN. Charities of a similar size with the same main cause include Empower4lifemd Inc ($121k), American Cannabis Nurses Association Inc ($121k) and Summit Ice Hockey Association Inc ($121k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.