Alexander County Education Foundation

Analysis

Alexander County Education Foundation is a registered charity in United States, based in Taylorsville, NC. It received its IRS tax-exemption ruling in July 2014, 12 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 December 2023, Alexander County Education Foundation reported income of $73k and spending of $36k, leaving 50% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $73k (-0.8%), an average of -0.8% a year. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alexander County Education Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Umba Revolutionary Run ($73k), The Marquette High School Football Booster Club ($73k) and Lovejoy Professional Network ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $484k against liabilities of $0, net assets of $484k.