Goddard Education Foundation

Analysis

Goddard Education Foundation is a registered charity in United States, based in Goddard, KS. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Goddard Education Foundation reported income of $293k and spending of $117k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $235k to $293k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2020, when income rose by 57%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goddard Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within KS. Charities of a similar size with the same main cause include Friends of Infinity Acres Ranch ($292k), Coastal Pines Technical College Foundation ($293k) and Brother Rice High School Foundation Inc ($292k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $65k (55% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.