Page Education Foundation

Analysis

Page Education Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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, Page Education Foundation reported income of $3.1m and spending of $2.1m, leaving 32% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $3.1m (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Page Education Foundation sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Switzer Learning Center ($3.1m), Amigos Together for Kids Inc ($3.1m) and Austin Jewish Academy ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $108k (5.1% of expenses). Other salaries and wages came to $341k. At year end it held assets of $11.6m against liabilities of $87k, net assets of $11.5m. It reported 10 employees.