Monroe 1 Boces Educational Foundation Inc

Analysis

Monroe 1 Boces Educational Foundation Inc is a registered charity in United States, based in Fairport, NY. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Monroe 1 Boces Educational Foundation Inc reported income of $1.2m and spending of $519k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-3.4%), an average of -0.9% a year. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Monroe 1 Boces Educational Foundation Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include University of Bath Foundation Ltd ($1.2m), Queensborough Community College Fund Inc ($1.2m) and Shekinah Christian School Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% of the total. At year end it held assets of $7.5m against liabilities of $1.7m, net assets of $5.8m.