Wayne County School Foundation

Analysis

Wayne County School Foundation is a registered charity in United States, based in Waynesboro, MS. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Wayne County School Foundation reported income of $4.7m and spending of $3.8m, spending 81% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.7m to $4.7m (+73%), an average of +15% a year. The sharpest change came in the year to May 2021, when income rose by 25%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayne County School Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within MS. Charities of a similar size with the same main cause include Chaffey College Foundation ($4.7m), Polaris Tech Charter School ($4.7m) and Publicolor Inc ($4.7m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 30% and program service revenue 69% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $5.3m against liabilities of $778k, net assets of $4.5m. It reported 101 employees.