Shelter Island Educational Foundation Inc

Analysis

Shelter Island Educational Foundation Inc is a registered charity in United States, based in Shelter Is, NY. It received its IRS tax-exemption ruling in December 1995, 31 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 August 2024, Shelter Island Educational Foundation Inc reported income of $54k and spending of $81k, spending 150% of what it took in. Across the 2 years on record, from August 2023 to August 2024, income grew from $54k to $54k (+0.6%), an average of +0.6% a year. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shelter Island Educational Foundation Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Delta Theta Omega Foundation ($54k), Marys Catholic Montessori Training Center ($54k) and Lincoln High School Music Boosters ($54k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 59% of the total. At year end it held assets of $325k against liabilities of $3,390, net assets of $322k.