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Stockbridge Area Educational Foundation

RegisteredEIN 38-3621050Stockbridge, MIEducation and training
Income$67k2024-06
Spending$39ksame year
Spent / received46%3-year average
Size in its cause29th pctEducation and training
Exempt since2002Publicly supported organisat
Employees–latest return

Analysis

Stockbridge Area Educational Foundation is a registered charity in United States, based in Stockbridge, MI. It received its IRS tax-exemption ruling in March 2002, 24 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 2024, Stockbridge Area Educational Foundation reported income of $67k and spending of $39k, leaving 42% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $62k to $67k (+8.5%), an average of +4.2% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Stockbridge Area Educational Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Parent Booster USA Inc ($67k), Midway Elementary School Parent Teacher Organization ($68k) and Cambodian University Scholarship Project a Nonprofit Corporation ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% and program service revenue 29% of the total. At year end it held assets of $302k against liabilities of $0, net assets of $302k.

Income and spending

$0$24k$48k$73k$97k2022 Income: $62,1872022 Spending: $27,17320222023 Income: $96,7332023 Spending: $36,95620232024 Income: $67,4992024 Spending: $39,1612024
IncomeSpending

Where the income comes from

  • Contributions & grants 61%
  • Program services 29%
  • Other 9.8%

Similar-sized charities, same cause

CharityLocationIncome
Parent Booster USA IncRockport$67k
Midway Elementary School Parent Teacher OrganizationLexington$68k
Cambodian University Scholarship Project a Nonprofit CorporationShoreline$67k
Fort Atkinson High School Alumni Association FoundationFort Atkinson$68k