Clarke County Education Foundation Inc

Analysis

Clarke County Education Foundation Inc is a registered charity in United States, based in Berryville, VA. It received its IRS tax-exemption ruling in February 1973, 53 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 2023, Clarke County Education Foundation Inc reported income of $259k and spending of $190k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $198k to $259k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 17%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarke County Education Foundation Inc sits at the 59th 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 VA. Charities of a similar size with the same main cause include Emmanuel Day School ($258k), Auburn Education Foundation ($259k) and Elkins Band Booster Club ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% of the total. Compensation of current officers, directors and key employees was $43k (23% of expenses). At year end it held assets of $2.0m against liabilities of $21k, net assets of $2.0m. It reported 1 employees.