Mill Valley Schools Community Foundation

Analysis

Mill Valley Schools Community Foundation is a registered charity in United States, based in Mill Valley, CA. It received its IRS tax-exemption ruling in February 1983, 43 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, Mill Valley Schools Community Foundation reported income of $3.9m and spending of $2.6m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $3.9m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mill Valley Schools Community Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Breakthrough Charter School ($3.9m), A Plus Charter Schools ($3.9m) and Al Amal School ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $120k (4.6% of expenses). Other salaries and wages came to $72k. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m. It reported 8 employees.