Strongsville Education Foundation

Analysis

Strongsville Education Foundation is a registered charity in United States, based in Strongsville, OH. It received its IRS tax-exemption ruling in December 1985, 41 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, Strongsville Education Foundation reported income of $139k and spending of $101k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2019 to June 2024, income grew from $63k to $139k (+122%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 212%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Strongsville Education Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Dutchess County Historical Society ($139k), Stephanie Waterman Tennis Foundation ($139k) and Latino Peace Officers Association ($139k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $715k against liabilities of $0, net assets of $715k.