Ely Chapman Education Foundation

Analysis

Ely Chapman Education Foundation is a registered charity in United States, based in Marietta, OH. It received its IRS tax-exemption ruling in August 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, Ely Chapman Education Foundation reported income of $642k and spending of $572k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $451k to $642k (+42%), an average of +9.2% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ely Chapman Education Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include An Open Book Foundation ($642k), Urban Word NYC Inc ($642k) and Onward and Upward ($642k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 27% of the total. Other salaries and wages came to $290k. At year end it held assets of $715k against liabilities of $421k, net assets of $293k.