Bremerton Schools and Alumni Foundation

Analysis

Bremerton Schools and Alumni Foundation is a registered charity in United States, based in Bremerton, WA. It received its IRS tax-exemption ruling in May 2004, 22 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, Bremerton Schools and Alumni Foundation reported income of $57k and spending of $153k, spending 270% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $63k to $57k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bremerton Schools and Alumni Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WA. Charities of a similar size with the same main cause include Huntley High School Athletic Boosters Inc ($57k), Catch Inc - Community Action Together for Childrens Health ($57k) and Golden Valley Football Boosters Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $802k against liabilities of $9,191, net assets of $793k.