Polk School District Educational Foundation

Analysis

Polk School District Educational Foundation is a registered charity in United States, based in Cedartown, GA. It received its IRS tax-exemption ruling in March 2024, 2 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 June 2024, Polk School District Educational Foundation reported income of $69k and spending of $117k, spending 170% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $121k to $69k (-43%), an average of -43% a year. The sharpest change came in the year to June 2024, when income dropped by 43%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Polk School District Educational Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include Martha Jones School PTO Inc ($69k), Highlands Educational Corporation ($69k) and Hamlin Memorial Library ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 145% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.