Yarmouth Education Foundation

Analysis

Yarmouth Education Foundation is a registered charity in United States, based in Yarmouth, ME. It received its IRS tax-exemption ruling in June 2011, 15 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 June 2023, Yarmouth Education Foundation reported income of $72k and spending of $81k, spending 113% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $104k to $72k (-31%), an average of -32% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yarmouth 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 28th percentile, and in the 21st percentile within ME. Charities of a similar size with the same main cause include Yellowjacket Band Foundation ($72k), Huntington North High School Band Parents & Boosters Inc ($72k) and Merced Sunrise Rotary Club Charity ($72k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $347k against liabilities of $1,261, net assets of $346k.