Olympia School District Education Foundation

Analysis

Olympia School District Education Foundation is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in February 1999, 27 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, Olympia School District Education Foundation reported income of $340k and spending of $378k, spending 111% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $307k to $340k (+11%), an average of +2.6% a year. The sharpest change came in the year to August 2021, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Olympia School District Education 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 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Asia Christian Training Service ($340k), North Forsyth High School Football Booster Club ($340k) and College Access Partnership Inc ($340k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $74k. At year end it held assets of $361k against liabilities of $29k, net assets of $332k. It reported 1 employees.