School District 12 Education Foundation

Analysis

School District 12 Education Foundation is a registered charity in United States, based in Thornton, CO. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, School District 12 Education Foundation reported income of $2.5m and spending of $2.4m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $494k to $2.5m (+408%), an average of +50% a year. The sharpest change came in the year to December 2020, when income rose by 175%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School District 12 Education Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CO. Charities of a similar size with the same main cause include Oklahoma Bible Academy ($2.5m), Central Regional Dental Testing Service Inc ($2.5m) and Piece Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $130k (5.5% of expenses). Other salaries and wages came to $182k. At year end it held assets of $1.8m against liabilities of $138k, net assets of $1.6m. It reported 5 employees.