The City Schools Foundation

Analysis

The City Schools Foundation is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The City Schools Foundation reported income of $195k and spending of $162k, spending 83% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $237k to $195k (-18%), an average of -9.4% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The City Schools Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Speroway Inc ($195k), Millard North High School Band Boosters Inc ($195k) and Clifford School Parents Club ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.