Vancouver School Dist No 37 Foundation

Analysis

Vancouver School Dist No 37 Foundation is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in October 1976, 50 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 June 2023, Vancouver School Dist No 37 Foundation reported income of $1.5m and spending of $1.7m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.5m to $1.5m (-67%), an average of -24% a year. The sharpest change came in the year to June 2021, when income rose by 347%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Vancouver School Dist No 37 Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Wizard Academy ($1.5m), Texas Home School Coalition Inc ($1.5m) and Colquitt Christian Academy of Moultrie Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $134k (7.7% of expenses). Other salaries and wages came to $223k. At year end it held assets of $12.1m against liabilities of $200k, net assets of $11.9m. It reported 8 employees.