Danville Public Schools Education Foundation Inc

Analysis

Danville Public Schools Education Foundation Inc is a registered charity in United States, based in Danville, VA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Danville Public Schools Education Foundation Inc reported income of $125k and spending of $92k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $127k to $125k (-1.3%), an average of -0.4% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Danville Public Schools Education Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Institute for Tropical Ecology and Conservation Inc ($125k), Bobby Holloway Memorial Corp ($125k) and Morgan School Fund 9525000917 ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.