Education Elevators Foundation Inc

Analysis

Education Elevators Foundation Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in February 2013, 13 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, Education Elevators Foundation Inc reported income of $129k and spending of $58k, leaving 55% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $129k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Elevators Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within WV. Charities of a similar size with the same main cause include Parent Booster USA Inc ($128k), Meta Foundation ($129k) and PTA Texas Congress ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $351k against liabilities of $0, net assets of $351k.