Vestavia Hills City Schools Foundation

Analysis

Vestavia Hills City Schools Foundation is a registered charity in United States, based in Vestavia HLS, AL. It received its IRS tax-exemption ruling in June 1997, 29 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 April 2024, Vestavia Hills City Schools Foundation reported income of $566k and spending of $276k, leaving 51% of income unspent that year. Across the 6 years on record, from April 2019 to April 2024, income grew from $250k to $566k (+126%), an average of +18% a year. The sharpest change came in the year to April 2024, when income rose by 114%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Vestavia Hills City Schools Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Universal Virtue Buddhist Charities ($566k), National Foundation for Integrative Medicine Inc ($567k) and The Jack and Buena Foundation ($566k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 11% of the total. Other salaries and wages came to $61k. At year end it held assets of $3.7m against liabilities of $752, net assets of $3.7m. It reported 1 employees.