Canterbury School Foundation Inc

Analysis

Canterbury School Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in April 1985, 41 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Canterbury School Foundation Inc reported income of $1.6m and spending of $721k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $961k to $1.6m (+64%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 237%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Canterbury School Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Center Place Restoration Church ($1.6m), Educational Horizons Inc ($1.6m) and Creativity Place Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% of the total. It paid $20k in professional fundraising fees. At year end it held assets of $15.5m against liabilities of $4.5m, net assets of $10.9m.