Canadian Education Foundation

Analysis

Canadian Education Foundation is a registered charity in United States, based in Canadian, TX. It received its IRS tax-exemption ruling in January 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, Canadian Education Foundation reported income of $145k and spending of $48k, leaving 67% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $145k (+143%), an average of +143% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canadian Education Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Independence Mustang Athletic Boosters Inc ($145k), Patrick Beaver Learning Resource Center Incorporated ($145k) and Lawton Elementary School PTA ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $565k against liabilities of $0, net assets of $565k.