Fort Smith Public Schools Foundation Inc

Analysis

Fort Smith Public Schools Foundation Inc is a registered charity in United States, based in Fort Smith, AR. 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 June 2023, Fort Smith Public Schools Foundation Inc reported income of $524k and spending of $338k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $135k to $524k (+289%), an average of +40% a year. The sharpest change came in the year to June 2020, when income rose by 809%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fort Smith Public Schools Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within AR. Charities of a similar size with the same main cause include Seminole Trail Volunteer Fire Department Incorporated ($524k), Cherry Street Foundation ($524k) and Clothilde R Smith Charitable Foundation ($524k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.6m against liabilities of $3,539, net assets of $2.6m.