Kelso Public Schools Foundation

Analysis

Kelso Public Schools Foundation is a registered charity in United States, based in Kelso, WA. It received its IRS tax-exemption ruling in November 1991, 35 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, Kelso Public Schools Foundation reported income of $580k and spending of $323k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $203k to $580k (+185%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 192%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kelso Public Schools Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within WA. Charities of a similar size with the same main cause include Iowa Council of Foundations ($580k), Rootsaction Education Fund ($581k) and Woven Learning and Technology ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $17k (5.2% of expenses). Other salaries and wages came to $17k. At year end it held assets of $3.2m against liabilities of $870, net assets of $3.2m. It reported 2 employees.