Zionsville Education Foundation Inc

Analysis

Zionsville Education Foundation Inc is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in February 2002, 24 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, Zionsville Education Foundation Inc reported income of $361k and spending of $224k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $424k to $361k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Zionsville Education Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Pflugerville Education Foundation ($361k), Oliveseed Foundation ($361k) and Round Top Library Association Inc ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $49k (22% of expenses). Other salaries and wages came to $38k. At year end it held assets of $2.1m against liabilities of $10k, net assets of $2.1m. It reported 2 employees.