Decatur City Schools Foundation

Analysis

Decatur City Schools Foundation is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Decatur City Schools Foundation reported income of $370k and spending of $346k, spending 94% of its income. Across the 4 years on record, from September 2019 to September 2023, income fell from $375k to $370k (-1.4%), an average of -0.5% a year. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Decatur City Schools Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within AL. Charities of a similar size with the same main cause include Presbyterian Medical Services Foundation Inc ($370k), NMC Legacy Fund ($370k) and Rotary District 6560 World Community Service Foundation Inc ($370k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $54k. It paid $16k in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $26k, net assets of $1.9m. It reported 2 employees.