Spanish Fort Education Enrichment Foundation

Analysis

Spanish Fort Education Enrichment Foundation is a registered charity in United States, based in Spanish Fort, AL. It received its IRS tax-exemption ruling in November 2003, 23 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, Spanish Fort Education Enrichment Foundation reported income of $93k and spending of $63k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $93k (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spanish Fort Education Enrichment Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within AL. Charities of a similar size with the same main cause include Friends of the Beatley Central Library Inc ($93k), Bess Campbell Elementary School PTO ($93k) and Central Elementary School Parent Teacher Organization Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $139k against liabilities of $4,193, net assets of $135k.