Foundation for Davies County Public Schools Inc

Analysis

Foundation for Davies County Public Schools Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in November 1999, 27 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 December 2023, Foundation for Davies County Public Schools Inc reported income of $119k and spending of $61k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $119k (+99%), an average of +99% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation for Davies County Public Schools Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within KY. Charities of a similar size with the same main cause include Pray Hope Believe Foundation ($119k), St Joseph Lover of Poverty Inc ($119k) and Sisters Schools Foundation Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $462k against liabilities of $0, net assets of $462k.