Education Foundation of Greenville

Analysis

Education Foundation of Greenville is a registered charity in United States, based in Greenville, MI. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Education Foundation of Greenville reported income of $98k and spending of $71k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $117k to $98k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Education Foundation of Greenville sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Kootenai Electric Trust Inc ($98k), Flywire Charitable Foundation ($98k) and Nina and Norman Wain Family Foundation ($98k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Compensation of current officers, directors and key employees was $11k (16% of expenses). At year end it held assets of $529k against liabilities of $0, net assets of $529k. It reported 1 employees.