Cape Elizabeth Education Foundation

Analysis

Cape Elizabeth Education Foundation is a registered charity in United States, based in Cape Elizabeth, ME. It received its IRS tax-exemption ruling in August 2001, 25 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, Cape Elizabeth Education Foundation reported income of $121k and spending of $117k, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $65k to $121k (+87%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cape Elizabeth Education Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 35th percentile within ME. Charities of a similar size with the same main cause include Laguna Parent Teacher Organization ($121k), Foothill Technology High School Team Booster Organization ($121k) and Crossfire Foundation ($121k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $22k. At year end it held assets of $889k against liabilities of $85k, net assets of $804k. It reported 1 employees.