Fergus Falls 544 Educaton Foundation

Analysis

Fergus Falls 544 Educaton Foundation is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in January 2001, 25 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, Fergus Falls 544 Educaton Foundation reported income of $502k and spending of $157k, leaving 69% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $184k to $502k (+172%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 116%. Over the whole period it spent 52% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fergus Falls 544 Educaton Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Arkansas Independent Colleges & Universities ($502k), Cuba Circulating Library Assoc ($502k) and Danville Church Based Tutorial Program Inc ($502k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $2.3m against liabilities of $213k, net assets of $2.1m.