Putnam City Public Schools Foundation

Analysis

Putnam City Public Schools Foundation is a registered charity in United States, based in Warr Acres, OK. It received its IRS tax-exemption ruling in February 1988, 38 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 June 2023, Putnam City Public Schools Foundation reported income of $253k and spending of $306k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $320k to $253k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2023, when income dropped by 43%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Putnam City Public Schools Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include Clifford Antone Foundation ($253k), Christian Heritage Foundation Inc ($253k) and Weilenmann Enrichment Corporation ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $84k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 6 employees.