West Montgomery Educational Foundation

Analysis

West Montgomery Educational Foundation is a registered charity in United States, based in Hope Hull, AL. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, West Montgomery Educational Foundation reported income of $3.0m and spending of $2.9m, spending 99% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $2.3m to $3.0m (+30%), an average of +9.1% a year. The sharpest change came in the year to May 2022, when income rose by 27%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Montgomery Educational Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within AL. Charities of a similar size with the same main cause include Institute for Credentialing Excellence ($3.0m), Delaware Museum of Nature and Science Inc ($3.0m) and Forgotten Felines of Sonoma County ($3.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $115k (3.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.3m against liabilities of $576k, net assets of $1.8m. It reported 85 employees.