Issaquah Schools Foundation

Analysis

Issaquah Schools Foundation is a registered charity in United States, based in Issaquah, WA. It received its IRS tax-exemption ruling in June 1992, 34 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 August 2023, Issaquah Schools Foundation reported income of $900k and spending of $947k, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $900k (-40%), an average of -12% a year. The sharpest change came in the year to August 2020, when income dropped by 26%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Issaquah Schools Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within WA. Charities of a similar size with the same main cause include Bayonet Point Area Housing Inc ($900k), Tim Lee Ministries ($900k) and Jacksonville Historical Society Inc ($900k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $96k (10% of expenses). Other salaries and wages came to $192k. At year end it held assets of $2.1m against liabilities of $233k, net assets of $1.8m. It reported 13 employees.