Elkhart Lake Glenbeulah Education Foundation Inc

Analysis

Elkhart Lake Glenbeulah Education Foundation Inc is a registered charity in United States, based in Elkhart Lake, WI. It received its IRS tax-exemption ruling in August 2005, 21 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 December 2023, Elkhart Lake Glenbeulah Education Foundation Inc reported income of $85k and spending of $75k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $110k to $85k (-22%), an average of -6.1% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elkhart Lake Glenbeulah Education Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within WI. Charities of a similar size with the same main cause include Marshall Education Foundation Inc ($85k), Project Big Heart Association Inc ($85k) and St Michael-Albertville Football Booster Club ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.