Usd 298 Education Foundation

Analysis

Usd 298 Education Foundation is a registered charity in United States, based in Lincoln, KS. It received its IRS tax-exemption ruling in July 1998, 28 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, Usd 298 Education Foundation reported income of $118k and spending of $166k, spending 140% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $482k to $118k (-75%), an average of -37% a year. The sharpest change came in the year to December 2021, when income dropped by 82%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Usd 298 Education Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within KS. Charities of a similar size with the same main cause include Coplay Library ($118k), Sachem Professional Development Inc ($118k) and New Life Christian School ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $456k against liabilities of $0, net assets of $456k.