Wayside Schools Foundation

Analysis

Wayside Schools Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2017, 9 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 June 2023, Wayside Schools Foundation reported income of $92k and spending of $33k, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $172k to $92k (-47%), an average of -14% a year. The sharpest change came in the year to June 2023, when income rose by 96%. Over the whole period it spent 35% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayside Schools Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Valley Tiger Booster Club Inc ($92k), Halls Band Boosters Inc ($92k) and Sagos Institute of Preaching and Bible Exposition ($92k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.