Starfall Education Foundation

Analysis

Starfall Education Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Starfall Education Foundation reported income of $7.0m and spending of $7.3m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $7.0m (+7.6%), an average of +1.8% a year. The sharpest change came in the year to June 2020, when income rose by 16%. 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, Starfall Education Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Sonoma State Enterprises Inc ($7.0m), Education and Leadership Foundation ($7.0m) and Starting Point Services for Children Inc ($7.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $221k (3.0% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $23.9m against liabilities of $674k, net assets of $23.2m. It reported 31 employees.