Questa Education Foundation Inc

Analysis

Questa Education Foundation Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in December 1951, 75 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 2024, Questa Education Foundation Inc reported income of $4.6m and spending of $3.4m, leaving 26% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.9m to $4.6m (+140%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Questa Education Foundation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IN. Charities of a similar size with the same main cause include The Tau Beta Pi Association Inc ($4.6m), Princeton Prospect Foundation ($4.6m) and Campus Facilities Inc ($4.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 79% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $134k (4.0% of expenses). Other salaries and wages came to $427k. At year end it held assets of $18.4m against liabilities of $219k, net assets of $18.2m. It reported 12 employees.