Merced County Education Foundation

Analysis

Merced County Education Foundation is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in August 2012, 14 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, Merced County Education Foundation reported income of $59k and spending of $21k, leaving 65% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $56k to $59k (+6.2%), an average of +3.1% a year. Over the whole period it spent 155% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Merced County Education Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Aamu Magic City Metro Alumni Chapter ($59k), Friends of the Half Moon Bay Library ($59k) and Saint Marys Academy Foundation of the Dalles Oregon ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $188k against liabilities of $0, net assets of $188k.