Becca Schmill Foundation Inc

Analysis

Becca Schmill Foundation Inc is a registered charity in United States, based in Needham, MA. 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Becca Schmill Foundation Inc reported income of $86k and spending of $88k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $86k (-46%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 46%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Becca Schmill Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Once Upon a Preschool Inc ($86k), Stuber Elementary PTO ($86k) and Ottawa Township High School Boosters Club ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.