Welch Public Schools Enrichment Foundation

Analysis

Welch Public Schools Enrichment Foundation is a registered charity in United States, based in Welch, OK. It received its IRS tax-exemption ruling in March 2015, 11 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, Welch Public Schools Enrichment Foundation reported income of $51k and spending of $60k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $81k to $51k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Welch Public Schools Enrichment Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OK. Charities of a similar size with the same main cause include Iim-A Alumni Association ($51k), Parent Booster USA Inc ($51k) and Tamarack Tower Foundation of the Port Chester Rye Union Free School ($51k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $449k against liabilities of $0, net assets of $449k.