Washington Local Schools Foundation

Analysis

Washington Local Schools Foundation is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington Local Schools Foundation reported income of $182k and spending of $115k, leaving 37% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $169k to $182k (+8.2%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Local Schools Foundation sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Toro Football Booster Club Inc ($182k), Shadow Creek High School Athletic Booster Club ($182k) and Life in Yoga Institute Inc ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.