St Marys School Foundation

Analysis

St Marys School Foundation is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in June 1985, 41 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Marys School Foundation reported income of $73k and spending of $60k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $125k to $73k (-42%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 50%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys School Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 23rd percentile within WA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($72k), Foundation for Financial Service Professionals ($73k) and Christ Child Society of Atlanta ($72k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.