Cape Henlopen Educational Foundation

Analysis

Cape Henlopen Educational Foundation is a registered charity in United States, based in Lewes, DE. It received its IRS tax-exemption ruling in January 2012, 14 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 2024, Cape Henlopen Educational Foundation reported income of $172k and spending of $125k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $101k to $172k (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 66%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cape Henlopen Educational Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 45th percentile within DE. Charities of a similar size with the same main cause include Pine Grove Area Education Foundation ($172k), Nauset Warriors Booster Club Inc ($172k) and Mercer School ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $25k (20% of expenses). At year end it held assets of $315k against liabilities of $0, net assets of $315k.