East Allen County Schools Educational Foundation Inc

Analysis

East Allen County Schools Educational Foundation Inc is a registered charity in United States, based in New Haven, IN. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Allen County Schools Educational Foundation Inc reported income of $54k and spending of $60k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $54k (+107%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 107%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Allen County Schools Educational Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within IN. Charities of a similar size with the same main cause include Nooksack Valley Scholarship Foundation ($54k), Go Forward Education Foundation Inc ($54k) and Lourdes Education Foundation ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $280k against liabilities of $0, net assets of $280k.