Shoreline Public Schools Foundation

Analysis

Shoreline Public Schools Foundation is a registered charity in United States, based in Shoreline, WA. It received its IRS tax-exemption ruling in November 1996, 30 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, Shoreline Public Schools Foundation reported income of $355k and spending of $237k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $281k to $355k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2021, when income rose by 99%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Shoreline Public Schools Foundation sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Downtown Sykesville Connection Inc ($355k), Community Senior Citizens Inc ($355k) and Royal Heights Housing Inc ($355k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $60k (25% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 2 employees.