New Haven Schools Foundation

Analysis

New Haven Schools Foundation is a registered charity in United States, based in Union City, CA. It received its IRS tax-exemption ruling in October 1984, 42 years ago. 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 2024, New Haven Schools Foundation reported income of $461k and spending of $461k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $264k to $461k (+75%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Haven Schools Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Association of Anglican Musicians ($461k), Illinois Retired Teachers Association Foundation Inc ($461k) and Cleveland High School Band Parents Association ($461k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $694k against liabilities of $3,803, net assets of $691k.