Education Foundation of the Osage Community Schools

Analysis

Education Foundation of the Osage Community Schools is a registered charity in United States, based in Osage, IA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Education Foundation of the Osage Community Schools reported income of $120k and spending of $97k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $120k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Education Foundation of the Osage Community Schools sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within IA. Charities of a similar size with the same main cause include Building Industry Charitable Foundation Inc ($120k), Bridge Forward Inc ($120k) and L Lyle Ingraham Rvoc TR 07301993 ($119k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.