Walton Education Foundation Inc

Analysis

Walton Education Foundation Inc is a registered charity in United States, based in Defuniak Springs, FL. It received its IRS tax-exemption ruling in April 1997, 29 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 June 2024, Walton Education Foundation Inc reported income of $759k and spending of $655k, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $625k to $759k (+21%), an average of +4.0% a year. The sharpest change came in the year to June 2022, when income rose by 312%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walton Education Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Monument View Montessori Charter School ($759k), Old and Ancient Rowers Society of Rhode Island ($759k) and Ascend College Prep ($759k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $48k (7.3% of expenses). At year end it held assets of $368k against liabilities of $82k, net assets of $286k.