Bellevue Schools Foundation

Analysis

Bellevue Schools Foundation is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in November 1979, 47 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 August 2023, Bellevue Schools Foundation reported income of $2.4m and spending of $1.7m, leaving 30% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.8m to $2.4m (+33%), an average of +7.3% a year. The sharpest change came in the year to August 2023, when income rose by 57%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bellevue Schools Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Young Kids in Motion Academy Inc ($2.4m), Colorado Community College System Foundation ($2.4m) and Puerto Rico Baseball Academy and High School Corp ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $190k (11% of expenses). Other salaries and wages came to $174k. At year end it held assets of $4.0m against liabilities of $122k, net assets of $3.9m. It reported 5 employees.