Shawnigan Lake School Foundation

Analysis

Shawnigan Lake School Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in November 2000, 26 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).

In the financial year ending June 2024, Shawnigan Lake School Foundation reported income of $16.6m and spending of $12.5m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $11.0m to $16.6m (+52%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shawnigan Lake School Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile. Charities of a similar size with the same main cause include University Union Operation of Ca State Univ Sacramento ($16.6m), Hampton Roads Academy ($16.6m) and The Brandeis School of San Francisco ($16.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $106.5m against liabilities of $46.5m, net assets of $60.0m.