Farmington-Farmington Hills Education Foundation

Analysis

Farmington-Farmington Hills Education Foundation is a registered charity in United States, based in Farmington, MI. 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 June 2024, Farmington-Farmington Hills Education Foundation reported income of $143k and spending of $129k, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $289k to $143k (-50%), an average of -13% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Farmington-Farmington Hills Education Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within MI. Charities of a similar size with the same main cause include Middlebury Music Parents Association Inc ($143k), East High School Foundation Fund and Alumni Association ($143k) and China Tomorrow Education Foundation ($143k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.