Carroll Education Foundation Inc

Analysis

Carroll Education Foundation Inc is a registered charity in United States, based in Flora, IN. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Carroll Education Foundation Inc reported income of $146k and spending of $176k, spending 120% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $124k to $146k (+18%), an average of +4.1% a year. The sharpest change came in the year to July 2021, when income rose by 32%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carroll Education Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include The Trojan Booster Club ($146k), Winterset Christian Academy Inc ($146k) and Alumni and Friends of Belmont High School ($146k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 6.2% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.