Logan County Education Foundation

Analysis

Logan County Education Foundation is a registered charity in United States, based in Bellefontaine, OH. It received its IRS tax-exemption ruling in December 1989, 37 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, Logan County Education Foundation reported income of $153k and spending of $271k, spending 178% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $206k to $153k (-26%), an average of -7.2% a year. The sharpest change came in the year to June 2023, when income dropped by 59%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logan County Education Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OH. Charities of a similar size with the same main cause include The Gridiron Foundation of Bellevue Inc ($153k), Adamo Education Inc ($153k) and Elevate NJ ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.