Ashland Schools Foundation

Analysis

Ashland Schools Foundation is a registered charity in United States, based in Ashland, OR. It received its IRS tax-exemption ruling in May 1994, 32 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 June 2023, Ashland Schools Foundation reported income of $289k and spending of $335k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $464k to $289k (-38%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 40%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ashland Schools Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include Palmer Township Athletic Association ($289k), Patriot Pioneers Booster Club Inc ($289k) and Pre-Scientist Inc ($289k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. Compensation of current officers, directors and key employees was $82k (24% of expenses). Other salaries and wages came to $12k. At year end it held assets of $1.4m against liabilities of $1,781, net assets of $1.4m. It reported 3 employees.