Red Hook Education Foundation

Analysis

Red Hook Education Foundation is a registered charity in United States, based in Red Hook, NY. It received its IRS tax-exemption ruling in September 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, Red Hook Education Foundation reported income of $58k and spending of $72k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $71k to $58k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Red Hook Education Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Scotland County School Foundation ($58k), Tiger Nation Booster Club ($58k) and Golden Grove Elementary School PTO Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.