Granby Education Foundation Inc

Analysis

Granby Education Foundation Inc is a registered charity in United States, based in Granby, CT. It received its IRS tax-exemption ruling in June 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), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Granby Education Foundation Inc reported income of $106k and spending of $55k, leaving 48% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income grew from $58k to $106k (+84%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Granby Education Foundation Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Grant Professionals Certification Institute ($106k), Ehs Football Booster Club ($106k) and Association of Professionals and Students ($106k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% of the total. At year end it held assets of $566k against liabilities of $0, net assets of $566k.