Upper Canada Educational Foundation

Analysis

Upper Canada Educational Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in August 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending June 2023, Upper Canada Educational Foundation reported income of $76k and spending of $75k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $152k to $76k (-50%), an average of -20% a year. The sharpest change came in the year to June 2021, when income rose by 190%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Upper Canada Educational Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile. Charities of a similar size with the same main cause include Douglas County Chamber Foundation Inc ($76k), Wheaton Lions Charities Ltd ($76k) and PTA New Jersey Congress of Parents & Teachers ($76k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $8,289 against liabilities of $0, net assets of $8,289.