Public Education Foundation Inc

Analysis

Public Education Foundation Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in May 1996, 30 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, Public Education Foundation Inc reported income of $389k and spending of $383k, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $461k to $389k (-16%), an average of -4.2% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Public Education Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Rhinelander Area Scholarship Foundation Inc ($389k), Raise a Child Carolinas ($389k) and Sunshine Alternative Education Center ($389k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $53k (14% of expenses). Other salaries and wages came to $58k. At year end it held assets of $2.9m against liabilities of $103k, net assets of $2.8m. It reported 1 employees.