Grafton Education Foundation Inc

Analysis

Grafton Education Foundation Inc is a registered charity in United States, based in Grafton, WI. It received its IRS tax-exemption ruling in January 2010, 16 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, Grafton Education Foundation Inc reported income of $345k and spending of $346k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $503k to $345k (-31%), an average of -12% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grafton Education Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within WI. Charities of a similar size with the same main cause include Talented Ur Inc ($345k), Communities in Schools of Texas Inc ($345k) and Town of Webb Scholarship Fund Inc ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.

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.