Unit No 1 Education Foundation

Analysis

Unit No 1 Education Foundation is a registered charity in United States, based in Coal City, IL. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Unit No 1 Education Foundation reported income of $82k and spending of $32k, leaving 61% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $62k to $82k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 44% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Unit No 1 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 32nd percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include Dodgen Middle School Foundation Inc ($82k), Flier Boosters Inc ($82k) and 770 Rabbinical College of Florida Inc ($82k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% of the total. At year end it held assets of $479k against liabilities of $0, net assets of $479k.