Germantown Education Foundation

Analysis

Germantown Education Foundation is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in October 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, Germantown Education Foundation reported income of $200k and spending of $188k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $179k to $200k (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2022, when income rose by 31%. 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, Germantown Education Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within TN. Charities of a similar size with the same main cause include Bread and Roses Alternative Child Care Center ($200k), Religious Coalition for a Nonviolent Durham Inc ($200k) and Crescent Learning Program Inc ($200k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $42k (22% of expenses). At year end it held assets of $207k against liabilities of $2,762, net assets of $204k. It reported 2 employees.