Centura Educational Foundation

Analysis

Centura Educational Foundation is a registered charity in United States, based in Cairo, NE. It received its IRS tax-exemption ruling in December 1988, 38 years ago. 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 August 2023, Centura Educational Foundation reported income of $138k and spending of $115k, spending 83% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $77k to $138k (+80%), an average of +22% a year. The sharpest change came in the year to August 2021, when income rose by 288%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centura Educational Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NE. Charities of a similar size with the same main cause include Cedarburg Grafton Rotary Foundation ($138k), Luthern Services for the Developmentally Disabled Inc ($138k) and The Enrichment Center of Lee County Inc ($138k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.