Foundation for Educational Development Inc

Analysis

Foundation for Educational Development Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in October 1995, 31 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 Educational Development Inc reported income of $255k and spending of $244k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $255k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 314%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Educational Development Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MD. Charities of a similar size with the same main cause include Parent Booster USA Inc ($255k), Lakeshore Band Parents Inc ($255k) and Live Like Blaine Foundation ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $484k against liabilities of $0, net assets of $484k.