Ames Education Foundation

Analysis

Ames Education Foundation is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in November 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 June 2023, Ames Education Foundation reported income of $105k and spending of $82k, leaving 22% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $413k to $105k (-75%), an average of -37% a year. The sharpest change came in the year to June 2021, when income dropped by 56%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ames Education Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Promise Leadership Program ($105k), Stetson Business School Foundation Incorporated ($105k) and Big O Tires Scholarship Fund ($105k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.