Avon Education Foundation Inc

Analysis

Avon Education Foundation Inc is a registered charity in United States, based in Avon, IN. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Avon Education Foundation Inc reported income of $231k and spending of $142k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $212k to $231k (+9.1%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 107%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Avon Education Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within IN. Charities of a similar size with the same main cause include CWTC Foundation ($231k), St Marys Area United Way ($231k) and Leonard & Diane Sherman Family Foundation ($231k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $55k (39% of expenses). At year end it held assets of $376k against liabilities of $0, net assets of $376k. It reported 1 employees.