Goochland Educational Foundation Incorporated

Analysis

Goochland Educational Foundation Incorporated is a registered charity in United States, based in Goochland, VA. It received its IRS tax-exemption ruling in June 2011, 15 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, Goochland Educational Foundation Incorporated reported income of $136k and spending of $71k, leaving 48% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $200k to $136k (-32%), an average of -12% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goochland Educational Foundation Incorporated sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Stanford University Bookstore ($136k), Western Region Intergovernmental Personnel Assessment Council ($136k) and Tolar Athletic Booster Club ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $291k against liabilities of $96k, net assets of $194k.