Westford Education Foundation Incorporated

Analysis

Westford Education Foundation Incorporated is a registered charity in United States, based in Westford, MA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Westford Education Foundation Incorporated reported income of $55k and spending of $36k, leaving 34% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $29k to $55k (+90%), an average of +90% a year. The sharpest change came in the year to June 2023, when income rose by 90%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westford Education Foundation Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Swedish School Association in Seattle ($55k), Gonzales County Area Go-Texan Inc ($55k) and Newton Public Library Foundation ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.