Kalamazoo Regional Educational Service Agency Foundation

Analysis

Kalamazoo Regional Educational Service Agency Foundation is a registered charity in United States, based in Portage, MI. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Kalamazoo Regional Educational Service Agency Foundation reported income of $240k and spending of $202k, spending 84% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $746k to $240k (-68%), an average of -25% a year. The sharpest change came in the year to June 2023, when income rose by 153%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kalamazoo Regional Educational Service Agency Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Viking Booster Club ($240k), Cohort Sistas Inc ($240k) and Association of Women Surgeons Foundation ($240k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% of the total. At year end it held assets of $1.5m against liabilities of $61k, net assets of $1.4m.