Raymond Schools Foundation

Analysis

Raymond Schools Foundation is a registered charity in United States, based in Raymond, WA. It received its IRS tax-exemption ruling in October 2002, 24 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, Raymond Schools Foundation reported income of $77k and spending of $50k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $77k (-9.6%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 263%. 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, Raymond Schools Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 25th percentile within WA. Charities of a similar size with the same main cause include North Side High Legacy Foundation ($77k), MIT Club of Washington DC Inc ($77k) and Madison Traditional Academy Guild Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $4,800 (9.6% of expenses). At year end it held assets of $841k against liabilities of $0, net assets of $841k.