Essex Meadows Foundation Inc
Analysis
Essex Meadows Foundation Inc is a registered charity in United States, based in Essex, CT. It received its IRS tax-exemption ruling in August 1993, 33 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 2024, Essex Meadows Foundation Inc reported income of $212k and spending of $137k, leaving 35% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $176k to $212k (+20%), an average of +3.7% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 90% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Essex Meadows Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Bulldog Booster Club ($212k), Mt Bethel Elementary School Foundation Inc ($212k) and Groundworks New Mexico ($212k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% of the total. At year end it held assets of $709k against liabilities of $0, net assets of $709k.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Other 6.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bulldog Booster Club | Milbank | $212k |
| Mt Bethel Elementary School Foundation Inc | Marietta | $212k |
| Groundworks New Mexico | Albuquerque | $212k |
| Canton Hockey Booster Club | Plymouth | $212k |