Hamilton County Schools Foundation

Analysis

Hamilton County Schools Foundation is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in February 2021, 5 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 2023, Hamilton County Schools Foundation reported income of $433k and spending of $239k, leaving 45% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $417k to $433k (+3.8%), an average of +1.9% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hamilton County Schools Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Oyster School Community Council Inc Oyster Creative Activities ($433k), Bryan Allen Stevenson School of Excellence Inc ($433k) and Rockport Fulton Isd Education Foundation ($433k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $340k against liabilities of $1,481, net assets of $338k.