Staunton Education Foundation

Analysis

Staunton Education Foundation is a registered charity in United States, based in Staunton, IL. It received its IRS tax-exemption ruling in October 2008, 18 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 December 2023, Staunton Education Foundation reported income of $64k and spending of $40k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $64k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Staunton Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within IL. Charities of a similar size with the same main cause include Batavia Music Buffs ($64k), Scottish Rite Masonic Childrens Learning Center ($64k) and Kellie Kennedy Memorial Inc ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.