International Falls Education Fund

Analysis

International Falls Education Fund is a registered charity in United States, based in Intl Falls, MN. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, International Falls Education Fund reported income of $134k and spending of $62k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $54k to $134k (+150%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Falls Education Fund sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Keshi Foundation Inc ($134k), Bradford Community for Schools Inc ($134k) and Noorthoek Academy ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $674k against liabilities of $0, net assets of $674k.