Munster Education Foundation Inc

Analysis

Munster Education Foundation Inc is a registered charity in United States, based in Munster, IN. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Munster Education Foundation Inc reported income of $81k and spending of $109k, spending 135% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $312k to $81k (-74%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 54%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Munster Education Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within IN. Charities of a similar size with the same main cause include Youthcentric Inc ($81k), Neighborhood Life House Inc ($81k) and Breckenridge Manor Inc ($81k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $500k against liabilities of $0, net assets of $500k.