Sylvania Schools Foundation

Analysis

Sylvania Schools Foundation is a registered charity in United States, based in Sylvania, OH. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sylvania Schools Foundation reported income of $71k and spending of $79k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $92k to $71k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2021, when income rose by 278%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sylvania Schools Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within OH. Charities of a similar size with the same main cause include Twin Cities Vipassana Collective ($71k), Zion Christian Academy Foundation ($71k) and Douglas Elementary Parent Teacher Organization Inc ($71k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 23% of the total. At year end it held assets of $957k against liabilities of $0, net assets of $957k.