The Westbrook Education Foundation

Analysis

The Westbrook Education Foundation is a registered charity in United States, based in Westbrook, MN. It received its IRS tax-exemption ruling in July 1993, 33 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, The Westbrook Education Foundation reported income of $64k and spending of $129k, spending 202% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $44k to $64k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 191%. Over the whole period it spent 137% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Westbrook Education Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within MN. Charities of a similar size with the same main cause include Barnette Elementary PTO Inc ($64k), Miracle Dancer Scholarship Foundation Inc ($64k) and 3256 Foundation Inc ($64k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $2,390 (1.9% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.