Vigo County Education Foundation Inc

Analysis

Vigo County Education Foundation Inc is a registered charity in United States, based in W Terre Haute, IN. It received its IRS tax-exemption ruling in August 1984, 42 years ago. 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 2024, Vigo County Education Foundation Inc reported income of $2.6m and spending of $530k, leaving 79% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $434k to $2.6m (+491%), an average of +43% a year. The sharpest change came in the year to June 2024, when income rose by 509%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vigo County Education Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Wisconsin Literacy Inc ($2.6m), Cooperative Libraries Automated Network ($2.6m) and Our Little Helpers Inc ($2.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $68k (13% of expenses). Other salaries and wages came to $33k. At year end it held assets of $6.0m against liabilities of $8,619, net assets of $6.0m. It reported 2 employees.