Northville Educational Foundation

Analysis

Northville Educational Foundation is a registered charity in United States, based in Northville, MI. It received its IRS tax-exemption ruling in February 2000, 26 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, Northville Educational Foundation reported income of $271k and spending of $214k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $240k to $271k (+13%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northville Educational Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Morning Glory Montessori ($271k), Silver Oak Educational Partnership Inc ($271k) and Waugh Invests in Student Excellence Education Foundation Inc ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 112% of the total. Compensation of current officers, directors and key employees was $59k (28% of expenses). Other salaries and wages came to $19k. At year end it held assets of $1.0m against liabilities of $41k, net assets of $974k. It reported 2 employees.