Wray School District Education Foundation Inc

Analysis

Wray School District Education Foundation Inc is a registered charity in United States, based in Wray, CO. It received its IRS tax-exemption ruling in January 2019, 7 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 June 2024, Wray School District Education Foundation Inc reported income of $59k and spending of $42k, leaving 29% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $167k to $59k (-65%), an average of -23% a year. The sharpest change came in the year to June 2021, when income dropped by 60%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wray School District Education Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within CO. Charities of a similar size with the same main cause include Center for Success for High Need Schools Inc ($59k), Virginia Congress of Parents and Teachers ($59k) and Stonebridge High School Music Booster Association ($59k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $793k against liabilities of $0, net assets of $793k.