School City of Mishawaka Education Foundation Inc

Analysis

School City of Mishawaka Education Foundation Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, School City of Mishawaka Education Foundation Inc reported income of $791k and spending of $222k, leaving 72% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $324k to $791k (+144%), an average of +25% a year. The sharpest change came in the year to August 2023, when income rose by 281%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School City of Mishawaka Education Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Lakes Area Enrichment Center ($791k), Leelanau Childrens Center Inc ($791k) and Green Childrens House Foundation ($790k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $59k (27% of expenses). At year end it held assets of $1.1m against liabilities of $91k, net assets of $979k. It reported 1 employees.