Spanish Education Fund

Analysis

Spanish Education Fund is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Spanish Education Fund reported income of $83k and spending of $88k, spending 105% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $70k to $83k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Spanish Education Fund sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include St George Dance Company ($83k), Portland Kinderschule ($83k) and San Jose Center for Poetry and Literature ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 52% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.