Mequon-Thiensville Education Foundation Inc

Analysis

Mequon-Thiensville Education Foundation Inc is a registered charity in United States, based in Mequon, WI. It received its IRS tax-exemption ruling in July 1999, 27 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 2023, Mequon-Thiensville Education Foundation Inc reported income of $214k and spending of $263k, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $363k to $214k (-41%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mequon-Thiensville Education Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within WI. Charities of a similar size with the same main cause include Investigative Studios Inc ($214k), Minchas Yehuda Inc ($214k) and Yallwest ($214k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $32k (12% of expenses). At year end it held assets of $1.2m against liabilities of $150k, net assets of $1.0m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.