The Educational Foundation of of the Society of Cpas Inc

Analysis

The Educational Foundation of of the Society of Cpas Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in January 1965, 61 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Educational Foundation of of the Society of Cpas Inc reported income of $264k and spending of $85k, leaving 68% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $114k to $264k (+131%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 120%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Educational Foundation of of the Society of Cpas Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within KY. Charities of a similar size with the same main cause include Parent Booster USA Inc ($264k), Early Learning Center Inc ($264k) and Henry C Lee Institute of Forensic Science Inc ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.