Demopolis City Schools Foundation Inc

Analysis

Demopolis City Schools Foundation Inc is a registered charity in United States, based in Demopolis, AL. It received its IRS tax-exemption ruling in June 1994, 32 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 June 2024, Demopolis City Schools Foundation Inc reported income of $191k and spending of $111k, leaving 42% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $89k to $191k (+113%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 80%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Demopolis City Schools Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within AL. Charities of a similar size with the same main cause include Vicksburg-Warren County Chamber of Commerce Community Fund Inc ($191k), Hoops for Youth ($191k) and Oregon Phi Delta Theta Foundation ($190k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% of the total. Other salaries and wages came to $28k. At year end it held assets of $1.9m against liabilities of $2,477, net assets of $1.9m. It reported 1 employees.