Benzie County Central Schools Educational Foundation Inc

Analysis

Benzie County Central Schools Educational Foundation Inc is a registered charity in United States, based in Benzonia, MI. It received its IRS tax-exemption ruling in January 1992, 34 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 December 2023, Benzie County Central Schools Educational Foundation Inc reported income of $91k and spending of $102k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $162k to $91k (-44%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Benzie County Central Schools Educational Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Suffolk Association of School Business Officials Inc ($91k), Eastern Orthopaedic Educational ($91k) and The Hord Foundation Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. At year end it held assets of $530k against liabilities of $0, net assets of $530k.