Durand Area Schools Educational Foundation

Analysis

Durand Area Schools Educational Foundation is a registered charity in United States, based in Durand, MI. It received its IRS tax-exemption ruling in July 2014, 12 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, Durand Area Schools Educational Foundation reported income of $80k and spending of $70k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $58k to $80k (+38%), an average of +38% a year. The sharpest change came in the year to June 2024, when income rose by 38%. 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, Durand Area Schools Educational Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Pine Hill Elementary School PTO Inc ($80k), Friends of Mill Valley Childrens Garden ($80k) and Yorba Linda High School Graduation Committee ($80k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.