McMinnville School District 40 Education Foundation

Analysis

McMinnville School District 40 Education Foundation is a registered charity in United States, based in McMinnville, OR. It received its IRS tax-exemption ruling in November 1998, 28 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 December 2023, McMinnville School District 40 Education Foundation reported income of $147k and spending of $159k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $123k to $147k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, McMinnville School District 40 Education Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include Advanced Diagnostic Institute ($147k), Kingdom Gravity Ministries International Inc ($147k) and San Marcos Cisd Education Foundation ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 3.5% of the total. At year end it held assets of $670k against liabilities of $0, net assets of $670k.