Educational Foundation of Twin Lakes Inc

Analysis

Educational Foundation of Twin Lakes Inc is a registered charity in United States, based in Monticello, IN. It received its IRS tax-exemption ruling in September 1995, 31 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 December 2023, Educational Foundation of Twin Lakes Inc reported income of $60k and spending of $33k, leaving 45% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $270k to $60k (-78%), an average of -39% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Foundation of Twin Lakes Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include Necma Foundation Inc ($60k), Washington County School Supply Drive Inc ($60k) and Wabasha-Kellogg Scholarship Foundation ($60k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $636k against liabilities of $0, net assets of $636k.