Buford City Schools Foundation Inc

Analysis

Buford City Schools Foundation Inc is a registered charity in United States, based in Buford, GA. It received its IRS tax-exemption ruling in October 2020, 6 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, Buford City Schools Foundation Inc reported income of $818k and spending of $130k, leaving 84% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $220k to $818k (+271%), an average of +271% a year. The sharpest change came in the year to December 2023, when income rose by 271%. Over the whole period it spent 23% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buford City Schools Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within GA. Charities of a similar size with the same main cause include Agape Christian High School ($818k), Reach Chicago ($818k) and House of Hope of North Carolina Inc ($818k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $813k against liabilities of $0, net assets of $813k.