Red Clay Education Foundation

Analysis

Red Clay Education Foundation is a registered charity in United States, based in Hockessin, DE. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Red Clay Education Foundation reported income of $52k and spending of $46k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $53k to $52k (-1.9%), an average of -1.0% a year. The sharpest change came in the year to June 2024, when income rose by 175%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Clay Education Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within DE. Charities of a similar size with the same main cause include Columbus Literate Community Program Inc ($52k), Great Oak PAC ($52k) and Maple Road School PTO Inc ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $360k against liabilities of $167k, net assets of $193k.