Falls City Educational Foundation

Analysis

Falls City Educational Foundation is a registered charity in United States, based in Falls City, NE. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Falls City Educational Foundation reported income of $294k and spending of $39k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $294k (+163%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Falls City Educational Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NE. Charities of a similar size with the same main cause include Tuscaloosa City Schools Education Foundation Inc ($294k), Trec International ($294k) and Friends of Sozo Kids ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.