Howard County Public Schools Educational Foundation Inc

Analysis

Howard County Public Schools Educational Foundation Inc is a registered charity in United States, based in Ellicott City, MD. It received its IRS tax-exemption ruling in July 2006, 20 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, Howard County Public Schools Educational Foundation Inc reported income of $400k and spending of $347k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $190k to $400k (+111%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Howard County Public Schools Educational Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MD. Charities of a similar size with the same main cause include Tutoring Cafe ($400k), Tekamah-Herman Public Schools Foundation ($400k) and Grace Evangelical Inc ($400k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $67k (19% of expenses). Other salaries and wages came to $21k. At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 3 employees.