Maumee City Schools Foundation

Analysis

Maumee City Schools Foundation is a registered charity in United States, based in Maumee, OH. It received its IRS tax-exemption ruling in June 2016, 10 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, Maumee City Schools Foundation reported income of $144k and spending of $22k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $178k to $144k (-19%), an average of -5.2% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maumee City Schools Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Ray Wu Memorial Fund ($144k), One2one ($144k) and Princeton Cannon Dial Elm Foundation a NJ Nonprofit Corporat ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.