Educare Foundation Inc

Analysis

Educare Foundation Inc is a registered charity in United States, based in E Brunswick, NJ. It received its IRS tax-exemption ruling in December 1998, 28 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 December 2023, Educare Foundation Inc reported income of $84k and spending of $73k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $84k (-2.3%), an average of -2.3% a year. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educare Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Pensacola Beach Elementary School Building Foundation Inc ($84k), James Campbell High School Alumni & Community Foundation ($84k) and Dixon Elementary School PTO Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.