Sandusky Education Foundation

Analysis

Sandusky Education Foundation is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in March 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, Sandusky Education Foundation reported income of $1.9m and spending of $1.0m, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $1.9m (+448%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 686%. Over the whole period it spent 53% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sandusky Education Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include West Bay Christian School Assoc Inc ($1.9m), Afip Inc ($1.9m) and Cumberland Christian Academy Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $30k (3.0% of expenses). At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 1 employees.