Putnam County Educational Foundation

Analysis

Putnam County Educational Foundation is a registered charity in United States, based in Granville, IL. It received its IRS tax-exemption ruling in August 1988, 38 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 2024, Putnam County Educational Foundation reported income of $60k and spending of $80k, spending 133% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $42k to $60k (+45%), an average of +45% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 141% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam County Educational Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include American Federation of Mineralogical Societies ($60k), Boy Scouts of America ($60k) and Community Outreach Services Inc ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 27% of the total. At year end it held assets of $359k against liabilities of $0, net assets of $359k.