Midstate Education and Service Foundation Inc

Analysis

Midstate Education and Service Foundation Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in March 2004, 22 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, Midstate Education and Service Foundation Inc reported income of $188k and spending of $185k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $145k to $188k (+30%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midstate Education and Service Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Central Square Redhawk Athletic Boosters Inc ($188k), Columbia Bartending Agency Incorporated ($188k) and The Foundation of the Friendly Sons of the Shillelagh Inc ($188k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $24k against liabilities of $1,920, net assets of $22k.