Mead Educational Foundation Inc

Analysis

Mead Educational Foundation Inc is a registered charity in United States, based in Mead, NE. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Mead Educational Foundation Inc reported income of $553k and spending of $79k, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $37k to $553k (+1405%), an average of +97% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mead Educational Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Edward C Davis Charitable Trust ($553k), Todos Mathematics for All ($553k) and Wichita Cancer Foundation ($552k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.