Valdosta City Schools Foundation Inc

Analysis

Valdosta City Schools Foundation Inc is a registered charity in United States, based in Valdosta, GA. It received its IRS tax-exemption ruling in November 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Valdosta City Schools Foundation Inc reported income of $79k and spending of $78k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $79k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. 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, Valdosta City Schools Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include John Papan Memorial ($79k), Potsdam Holiday Fund Inc ($79k) and Anchor Bay Foundation ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.