Kyrene Schools Community Foundation

Analysis

Kyrene Schools Community Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Kyrene Schools Community Foundation reported income of $314k and spending of $235k, leaving 25% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $266k to $314k (+18%), an average of +5.7% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kyrene Schools Community Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within AZ. Charities of a similar size with the same main cause include Mountainside Nursery School ($314k), Safe Haven Inc ($314k) and Old Synagogue Museum of Kenosha Inc ($314k).

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 $180k against liabilities of $0, net assets of $180k.