Aurora Public Schools Foundation

Analysis

Aurora Public Schools Foundation is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in February 1988, 38 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 June 2023, Aurora Public Schools Foundation reported income of $2.7m and spending of $2.4m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $2.7m (+11%), an average of +3.4% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aurora Public Schools 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 Partners in Prime ($2.7m), Cochise Private Industry Council ($2.7m) and Les Turner Amyotrophic Lateral Sclerosis Foundation ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $172k (7.3% of expenses). Other salaries and wages came to $64k. At year end it held assets of $2.5m against liabilities of $288k, net assets of $2.2m.