Elida Educational Foudnation

Analysis

Elida Educational Foudnation is a registered charity in United States, based in Elida, OH. It received its IRS tax-exemption ruling in January 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Elida Educational Foudnation reported income of $79k and spending of $36k, leaving 55% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $50k to $79k (+58%), an average of +58% a year. The sharpest change came in the year to June 2024, when income rose by 58%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elida Educational Foudnation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Beaumont-Cherry Valley Recreation and Park Improvement Corporation ($79k), PTA Louisiana Congress ($79k) and Ptsa Connecticut Inc ($79k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 69% of the total. At year end it held assets of $472k against liabilities of $0, net assets of $472k.