Northwood Education Foundation Inc

Analysis

Northwood Education Foundation Inc is a registered charity in United States, based in Minong, WI. It received its IRS tax-exemption ruling in July 1994, 32 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, Northwood Education Foundation Inc reported income of $70k and spending of $25k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $70k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 516%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwood Education Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WI. Charities of a similar size with the same main cause include The Cavalier Daily Inc ($70k), Alpha Foundation of Howard County Inc ($70k) and E J Marshall PTO ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.