Caledonia Education Foundation

Analysis

Caledonia Education Foundation is a registered charity in United States, based in Caledonia, MI. It received its IRS tax-exemption ruling in December 1998, 28 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 2023, Caledonia Education Foundation reported income of $156k and spending of $123k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $80k to $156k (+94%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 93%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caledonia Education Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MI. Charities of a similar size with the same main cause include El Puente Educational Center Inc ($156k), Institute for Americas Future Inc ($156k) and West Virginia Association for Young Children ($156k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. Other salaries and wages came to $20k. At year end it held assets of $1.2m against liabilities of $17k, net assets of $1.2m.