Overseas United Education Foundation Inc
Analysis
Overseas United Education Foundation Inc is a registered charity in United States, based in Antrim, NH. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Overseas United Education Foundation Inc reported income of $161k and spending of $145k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $184k to $161k (-13%), an average of -4.4% a year. Over the whole period it spent 114% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Overseas United Education Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within NH. Charities of a similar size with the same main cause include Okturtles Foundation ($161k), South Florida Winter Guard Association Inc ($161k) and Oxford Hills Christian Academy ($161k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $22k (15% of expenses). Other salaries and wages came to $24k. At year end it held assets of $1.0m against liabilities of $1.0m, net assets of $25k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 74%
- Program services 26%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Okturtles Foundation | Pinecrest | $161k |
| South Florida Winter Guard Association Inc | Coral Springs | $161k |
| Oxford Hills Christian Academy | Oxford | $161k |
| Local 619 Jatc | Pearl | $161k |