Frederick County Educational Foundation

Analysis

Frederick County Educational Foundation is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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, Frederick County Educational Foundation reported income of $247k and spending of $183k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $247k (-33%), an average of -9.5% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Frederick County Educational Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within VA. Charities of a similar size with the same main cause include Saffron Trust Womens Foundation ($247k), Dalton Organization of Churches United for People Inc ($247k) and Volunteers of America Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $38k (21% of expenses). At year end it held assets of $2.1m against liabilities of $871, net assets of $2.1m. It reported 1 employees.