Maynard Educational Enrichment Foundation Inc

Analysis

Maynard Educational Enrichment Foundation Inc is a registered charity in United States, based in Maynard, MA. It received its IRS tax-exemption ruling in May 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 2024, Maynard Educational Enrichment Foundation Inc reported income of $86k and spending of $37k, leaving 57% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $19k to $86k (+358%), an average of +114% a year. The sharpest change came in the year to June 2023, when income rose by 177%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maynard Educational Enrichment Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Foundation for Modern Bioprogressive Orthodontics ($86k), Vermilion County Farm Bureau Foundation ($86k) and 4 Kids and Community Inc ($86k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.