Mabel E Sherman Educational Fund

Analysis

Mabel E Sherman Educational Fund is a registered charity in United States, based in Storm Lake, IA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Mabel E Sherman Educational Fund reported income of $304k and spending of $219k, leaving 28% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $164k to $304k (+86%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 46%. 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, Mabel E Sherman Educational Fund sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within IA. Charities of a similar size with the same main cause include Wapakoneta Athletic Boosters ($304k), Dream Bikes Inc ($304k) and Crowd to Community Inc ($304k).

At year end it held assets of $7.8m against liabilities of $0, net assets of $7.8m.