Colfax-Mingo Educational Foundation Inc

Analysis

Colfax-Mingo Educational Foundation Inc is a registered charity in United States, based in Colfax, IA. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 May 2024, Colfax-Mingo Educational Foundation Inc reported income of $109k and spending of $71k, leaving 35% of income unspent that year. Across the 4 years on record, from May 2021 to May 2024, income grew from $71k to $109k (+55%), an average of +16% a year. The sharpest change came in the year to May 2022, when income rose by 33%. Over the whole period it spent 65% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Colfax-Mingo Educational Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include National Consumer Bankruptcy Rights Center ($109k), South Suburban Emergency Response Team ($109k) and Mi Reconnect ($109k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $811k against liabilities of $0, net assets of $811k.