Earlham Foundation

Analysis

Earlham Foundation is a registered charity in United States, based in Richmond, IN. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Earlham Foundation reported income of $13.9m and spending of $23.2m, spending 166% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $26.3m to $13.9m (-47%), an average of -15% a year. The sharpest change came in the year to June 2022, when income rose by 70%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Earlham Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Murray Edwards College ($13.9m), Waterford Country School Incorporated ($13.9m) and Donelson Christian Academy Inc ($13.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $416.6m against liabilities of $172.4m, net assets of $244.1m.