Decatur Education Foundation Inc

Analysis

Decatur Education Foundation Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in March 2002, 24 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, Decatur Education Foundation Inc reported income of $920k and spending of $882k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $803k to $920k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Decatur Education Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Aphasia Center of West Texas Inc ($920k), Santa Barbara Partners in Education a Calif Non Profit Public Ben Corp ($920k) and Heritage Christian Academy of Lexington South Carolina ($919k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $112k (13% of expenses). Other salaries and wages came to $193k. At year end it held assets of $2.0m against liabilities of $19k, net assets of $2.0m. It reported 7 employees.