Bear Grass Educational Foundation

Analysis

Bear Grass Educational Foundation is a registered charity in United States, based in Williamston, NC. It received its IRS tax-exemption ruling in June 1998, 28 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 2024, Bear Grass Educational Foundation reported income of $101k and spending of $16k, leaving 84% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $54k to $101k (+88%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 65%. Over the whole period it spent 28% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bear Grass Educational Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Faces of Our Children Inc ($101k), KFK Dancing for Life Inc ($101k) and Ofallon High School Endowment Fund Ltd ($101k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% of the total. At year end it held assets of $1.1m against liabilities of $626k, net assets of $444k.