North Kitsap Schools Foundation

Analysis

North Kitsap Schools Foundation is a registered charity in United States, based in Poulsbo, WA. It received its IRS tax-exemption ruling in January 2003, 23 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, North Kitsap Schools Foundation reported income of $74k and spending of $100k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $74k (-7.4%), an average of -7.4% a year. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Kitsap Schools Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Nymc - School of Medicine Faculty Practice Corporation ($74k), Placer High School Music Boosters ($74k) and TCWC ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.1% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.