Everett Public Schools Foundation

Analysis

Everett Public Schools Foundation is a registered charity in United States, based in Everett, WA. It received its IRS tax-exemption ruling in October 1986, 40 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, Everett Public Schools Foundation reported income of $636k and spending of $642k, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $576k to $636k (+10%), an average of +2.5% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Everett Public Schools Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Collierville High School Band Boosters Inc ($636k), East Side Christian School Association ($636k) and A Childs Song Inc ($636k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 86% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). Other salaries and wages came to $82k. At year end it held assets of $2.1m against liabilities of $6,278, net assets of $2.1m. It reported 3 employees.