Cardinal Education Foundation

Analysis

Cardinal Education Foundation is a registered charity in United States, based in N Richlnd HLS, TX. 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 December 2023, Cardinal Education Foundation reported income of $52k and spending of $55k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $69k to $52k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income rose by 161%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cardinal Education Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Great Oak PAC ($52k), Sycamore Academy of Science and Cultural Arts Foundation Inc ($52k) and Red Clay Education Foundation ($52k).

At year end it held assets of $1.0m against liabilities of $2,250, net assets of $1.0m.