Fraser Area Educational Foundation

Analysis

Fraser Area Educational Foundation is a registered charity in United States, based in Fraser, MI. It received its IRS tax-exemption ruling in April 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, Fraser Area Educational Foundation reported income of $136k and spending of $25k, leaving 81% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $36k to $136k (+278%), an average of +278% a year. The sharpest change came in the year to June 2024, when income rose by 278%. Over the whole period it spent 32% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fraser Area Educational Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include South East Youth Organization ($136k), Ocean Tides Christian Brothers Charitable TR ($136k) and Habitat for Humanity International Inc ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.