Subiaco Foundation

Analysis

Subiaco Foundation is a registered charity in United States, based in Subiaco, AR. It received its IRS tax-exemption ruling in June 2009, 17 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 June 2023, Subiaco Foundation reported income of $1.3m and spending of $1.9m, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $425k to $1.3m (+214%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 223%. Over the whole period it spent 182% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Subiaco Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Crossbar Academy ($1.3m), Chemung Valley Montessori School ($1.3m) and National Cued Speech Association Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. It paid $135k in professional fundraising fees. At year end it held assets of $7.5m against liabilities of $1.4m, net assets of $6.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.