21st Century Education Foundation Inc

Analysis

21st Century Education Foundation Inc is a registered charity in United States, based in Annapolis, MD. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, 21st Century Education Foundation Inc reported income of $333k and spending of $381k, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $474k to $333k (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2020, when income dropped by 46%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 21st Century Education Foundation Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include The Jernigan Foundation ($332k), Nisra Foundation ($333k) and American Friends of Refuah Vchaim Inc ($332k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 117% of the total. At year end it held assets of $510k against liabilities of $0, net assets of $510k.