Early Foundations Inc

Analysis

Early Foundations Inc is a registered charity in United States, based in Jeanette, PA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Early Foundations Inc reported income of $355k and spending of $372k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $280k to $355k (+27%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Early Foundations Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Oxford Educational Foundation ($355k), Nevada Center for Civic Engagement ($355k) and Douglas and Frances Lanier Foundation Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $15k (4.1% of expenses). Other salaries and wages came to $204k. At year end it held assets of $448k against liabilities of $290k, net assets of $158k. It reported 24 employees.