School District 46 Educational Foundation Inc

Analysis

School District 46 Educational Foundation Inc is a registered charity in United States, based in Springfield, NE. It received its IRS tax-exemption ruling in April 1986, 40 years ago. 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 August 2021, School District 46 Educational Foundation Inc reported income of $315k and spending of $398k, spending 126% of what it took in. Across the 3 years on record, from August 2019 to August 2021, income grew from $191k to $315k (+65%), an average of +28% a year. The sharpest change came in the year to August 2020, when income rose by 351%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, School District 46 Educational Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include New Bedford Ballet Foundation Inc ($315k), Burton Center Foundation ($315k) and Basics Intl Brothers and Sisters in Christ Serving ($315k).

On its Form 990 for the period ending August 2021, revenue came from contributions and grants 49% and program service revenue 45% of the total. Other salaries and wages came to $91k. At year end it held assets of $704k against liabilities of $0, net assets of $704k. It reported 10 employees.