Addison Elementary School Foundation Inc

Analysis

Addison Elementary School Foundation Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in February 2023, 3 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, Addison Elementary School Foundation Inc reported income of $67k and spending of $83k, spending 124% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $55k to $67k (+21%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Addison Elementary School Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within GA. Charities of a similar size with the same main cause include Rockwood Parent Teacher Organization Council ($67k), Bedford Hills Elementary School Association Inc ($67k) and Strawn Booster Club ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.