Claremore Public Schools Foundation Inc

Analysis

Claremore Public Schools Foundation Inc is a registered charity in United States, based in Claremore, OK. It received its IRS tax-exemption ruling in April 1989, 37 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 September 2023, Claremore Public Schools Foundation Inc reported income of $310k and spending of $250k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $188k to $310k (+65%), an average of +13% a year. The sharpest change came in the year to September 2022, when income rose by 86%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Claremore Public Schools Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include Cardiff Schools Education Association ($310k), Memphis-Area Home Education Association Inc ($310k) and Arcadia High School Booster Club ($310k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $54k. It paid $9,479 in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $1,421, net assets of $2.5m. It reported 1 employees.