Grafton Educational Foundation

Analysis

Grafton Educational Foundation is a registered charity in United States, based in Grafton, ND. It received its IRS tax-exemption ruling in August 2012, 14 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 Educational Foundation reported income of $104k and spending of $138k, spending 133% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $348k to $104k (-70%), an average of -33% a year. The sharpest change came in the year to December 2021, when income rose by 291%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grafton Educational Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 29th percentile within ND. Charities of a similar size with the same main cause include Van Raub Elementary PTO ($104k), Tomorrow S Education Network Inc ($104k) and Richland Center High School Athletic Booster Club Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 0.1% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.