Kennewick Schools Foundation

Analysis

Kennewick Schools Foundation is a registered charity in United States, based in Kennewick, WA. It received its IRS tax-exemption ruling in October 1991, 35 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 December 2023, Kennewick Schools Foundation reported income of $65k and spending of $43k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $65k (+233%), an average of +35% a year. The sharpest change came in the year to December 2020, when income dropped by 249%. Over the whole period it spent 163% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kennewick Schools 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 26th percentile, and in the 20th percentile within WA. Charities of a similar size with the same main cause include Apollo Elementary P T a ($65k), Cherry Hills Palmer Scholarship Foundation Inc ($65k) and Highlands Elementary Parent Teacher Organization ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $883k against liabilities of $0, net assets of $883k.