Friends of Christian Education Foundation

Analysis

Friends of Christian Education Foundation is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in February 2010, 16 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 July 2024, Friends of Christian Education Foundation reported income of $818k and spending of $673k, spending 82% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $623k to $818k (+31%), an average of +5.6% a year. The sharpest change came in the year to July 2022, when income rose by 17%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Christian Education Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include Pennsylvania Commission for Community Colleges ($818k), House of Hope of North Carolina Inc ($818k) and Ironworkers Apprentice & Membership Retraining & Educational Trust ($818k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. At year end it held assets of $6.4m against liabilities of $5.3m, net assets of $1.1m.