The Bellingham Public School Foundation

Analysis

The Bellingham Public School Foundation is a registered charity in United States, based in Bellingham, WA. It received its IRS tax-exemption ruling in September 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, The Bellingham Public School Foundation reported income of $552k and spending of $589k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $676k to $552k (-18%), an average of -5.0% a year. The sharpest change came in the year to June 2020, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bellingham Public School Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within WA. Charities of a similar size with the same main cause include Missouri Slope Lutheran Care Center Foundation ($552k), Petal School District Education Foundation Trust Inc ($552k) and Peaslee Neighborhood Center Inc ($552k).

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 $78k (13% of expenses). Other salaries and wages came to $40k. At year end it held assets of $911k against liabilities of $0, net assets of $911k. It reported 4 employees.