Feda Education Foundation

Analysis

Feda Education Foundation is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Feda Education Foundation reported income of $70k and spending of $75k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $43k to $70k (+61%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 148% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Feda Education Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within IL. Charities of a similar size with the same main cause include The Virginia Satir Global Network ($70k), John a Thomann Memorial Foundation ($70k) and National Charity League Inc Texas Lantana Chapter ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $179k, net assets of -$151k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.