Cherokee Educational Foundation

Analysis

Cherokee Educational Foundation is a registered charity in United States, based in Cherokee, IA. It received its IRS tax-exemption ruling in July 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 December 2023, Cherokee Educational Foundation reported income of $313k and spending of $276k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $313k (+70%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 208%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherokee Educational Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Everyday Gandhis Project Inc ($313k), Nighthawk Marching Band Booster Organization ($313k) and Rockville Community Nursery School Incorporated ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. At year end it held assets of $919k against liabilities of $0, net assets of $919k.