Adrian School Educational Foundation

Analysis

Adrian School Educational Foundation is a registered charity in United States, based in Adrian, MI. It received its IRS tax-exemption ruling in December 1987, 39 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, Adrian School Educational Foundation reported income of $261k and spending of $236k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2024, income fell from $509k to $261k (-49%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adrian School Educational 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 59th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Bonny Doon Community Pre-School ($261k), Rockne Educational Television Inc ($261k) and Outdoor Association for Texas Heroes Inc ($261k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $65k. At year end it held assets of $3.4m against liabilities of $112k, net assets of $3.2m. It reported 2 employees.