Millbrook Central School District Educational Foundation Inc

Analysis

Millbrook Central School District Educational Foundation Inc is a registered charity in United States, based in Millbrook, NY. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Millbrook Central School District Educational Foundation Inc reported income of $192k and spending of $49k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $25k to $192k (+681%), an average of +681% a year. The sharpest change came in the year to December 2023, when income rose by 681%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Millbrook Central School District Educational Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Learning Home Volunteers ($192k), Oxford Memorial Library ($192k) and Lake Eola Charter School Foundation Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $309k against liabilities of $0, net assets of $309k.