School Foundation Inc

Analysis

School Foundation Inc is a registered charity in United States, based in Bend, OR. It received its IRS tax-exemption ruling in January 1994, 32 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, School Foundation Inc reported income of $280k and spending of $200k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $278k to $280k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2023, when income rose by 88%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, School Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OR. Charities of a similar size with the same main cause include Grow Utah Ventures Inc ($280k), Fayetteville State University Development Corporation ($280k) and Sooners Helping Sooners Inc ($280k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $16k (8.2% of expenses). Other salaries and wages came to $22k. At year end it held assets of $830k against liabilities of $0, net assets of $830k. It reported 3 employees.