Bainbridge Schools Foundation

Analysis

Bainbridge Schools Foundation is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in December 1993, 33 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, Bainbridge Schools Foundation reported income of $857k and spending of $878k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $846k to $857k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to June 2021, when income dropped by 45%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bainbridge Schools Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Childs Play Learning Center Inc ($857k), Galesburg Public Library Foundation ($857k) and Barbershop Books Inc ($857k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $12k (1.4% of expenses). Other salaries and wages came to $93k. At year end it held assets of $30k against liabilities of $0, net assets of $30k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.