Auburn Education Foundation Inc

Analysis

Auburn Education Foundation Inc is a registered charity in United States, based in Auburn, NY. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Auburn Education Foundation Inc reported income of $106k and spending of $56k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $80k to $106k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Auburn Education Foundation Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include United States of America Deaf Basketball Incorporation ($106k), Bucyrus Redmen Athletic Booster Club ($106k) and Coram Deo Academy ($106k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% of the total. At year end it held assets of $1.0m against liabilities of $739, net assets of $1.0m.