Foundation for Academic Endeavors

Analysis

Foundation for Academic Endeavors is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in October 2015, 11 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, Foundation for Academic Endeavors reported income of $1.0m and spending of $881k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $455k to $1.0m (+122%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Academic Endeavors sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Grace Classical Academy Inc ($1.0m), Learning Club of KCK ($1.0m) and Ripon Christian Schools Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Other salaries and wages came to $462k. At year end it held assets of $497k against liabilities of $393, net assets of $497k. It reported 43 employees.