Three Rivers Education Foundation Inc

Analysis

Three Rivers Education Foundation Inc is a registered charity in United States, based in Farmington, NM. It received its IRS tax-exemption ruling in May 2008, 18 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, Three Rivers Education Foundation Inc reported income of $10.5m and spending of $10.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $10.5m (+278%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 122%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Three Rivers Education Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NM. Charities of a similar size with the same main cause include Defending Democracy Together Institute ($10.5m), Literacy Pittsburgh ($10.5m) and Utopian Academy for the Arts the Miller Foundation Inc ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $875k against liabilities of $205k, net assets of $669k. It reported 98 employees.