Pendleton County Education Foundation Inc

Analysis

Pendleton County Education Foundation Inc is a registered charity in United States, based in Falmouth, KY. It received its IRS tax-exemption ruling in September 2018, 8 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, Pendleton County Education Foundation Inc reported income of $77k and spending of $128k, spending 166% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $114k to $77k (-32%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 72%. Over the whole period it spent 150% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pendleton County Education Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KY. Charities of a similar size with the same main cause include Michigan Hispanic Fund ($77k), San Juan Public Schools Foundation ($77k) and East Side Community High School Parent Association Inc ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.