Monroe County Education Foundation Inc

Analysis

Monroe County Education Foundation Inc is a registered charity in United States, based in Union, WV. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Monroe County Education Foundation Inc reported income of $134k and spending of $36k, leaving 73% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $66k to $134k (+102%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 214%. Over the whole period it spent 28% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Monroe County Education Foundation Inc 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 44th percentile, and in the 41st percentile within WV. Charities of a similar size with the same main cause include Orange Tennis Club Inc ($134k), Needham Metrowest Basketball Inc ($134k) and Wichita Foundation ($133k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $829k against liabilities of $0, net assets of $829k.