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Foundation for Educational Administration

RegisteredEIN 22-2757694Monroe TWP, NJEducation and training
Income$7.2m2023-06
Spending$7.6msame year
Spent / received94%5-year average
Size in its cause92nd pctEducation and training
Exempt since1987Supporting organisation
Employees249latest return

Analysis

Foundation for Educational Administration is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in January 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation for Educational Administration reported income of $7.2m and spending of $7.6m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.3m to $7.2m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Educational Administration sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Eagle South Mountain Charter Inc ($7.2m), Jesuit College Preparatory School of Dallas Foundation Inc ($7.2m) and Santa Cruz Montessori School ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $543k (7.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $6.9m against liabilities of $1.8m, net assets of $5.1m. It reported 249 employees.

Income and spending

$0$2.3m$4.6m$6.9m$9.1m2019 Income: $6,334,4542019 Spending: $6,382,91520192020 Income: $6,007,4952020 Spending: $6,259,89720202021 Income: $6,131,3602021 Spending: $5,828,93620212022 Income: $9,142,8022022 Spending: $6,823,29920222023 Income: $7,218,5352023 Spending: $7,563,0222023
IncomeSpending

Where the income comes from

  • Contributions & grants 16%
  • Program services 84%

Similar-sized charities, same cause

CharityLocationIncome
Eagle South Mountain Charter IncWaukesha$7.2m
Jesuit College Preparatory School of Dallas Foundation IncDallas$7.2m
Santa Cruz Montessori SchoolAptos$7.2m
Westbury Christian SchoolHouston$7.2m