Temple City Schools Foundation

Analysis

Temple City Schools Foundation is a registered charity in United States, based in Temple City, CA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Temple City Schools Foundation reported income of $129k and spending of $149k, spending 115% of what it took in. Across the 3 years on record, from June 2020 to June 2024, income fell from $382k to $129k (-66%), an average of -42% a year. The sharpest change came in the year to June 2023, when income dropped by 76%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Temple City Schools Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Arlington Schools Foundation Inc ($129k), Claymont Mustang Booster Club Inc ($129k) and Eagle River Hockey League ($129k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.0% and program service revenue 96% of the total. At year end it held assets of $153k against liabilities of $113k, net assets of $40k.