Isd 883 Education Foundation

Analysis

Isd 883 Education Foundation is a registered charity in United States, based in Rockford, MN. It received its IRS tax-exemption ruling in March 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 June 2023, Isd 883 Education Foundation reported income of $227k and spending of $183k, spending 81% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $169k to $227k (+34%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isd 883 Education Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Western Texas College Foundation ($227k), We Care Tucson ($227k) and Westerville South Athletic Booster Association Inc ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% of the total. Compensation of current officers, directors and key employees was $50k (27% of expenses). At year end it held assets of $245k against liabilities of $0, net assets of $245k.