Oneonta Foundation for Educational Resources Inc

Analysis

Oneonta Foundation for Educational Resources Inc is a registered charity in United States, based in Oneonta, AL. It received its IRS tax-exemption ruling in June 2000, 26 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 December 2023, Oneonta Foundation for Educational Resources Inc reported income of $109k and spending of $19k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $109k (+457%), an average of +457% a year. The sharpest change came in the year to December 2023, when income rose by 457%. Over the whole period it spent 16% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oneonta Foundation for Educational Resources Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AL. Charities of a similar size with the same main cause include Safi Foundation ($109k), Suwannee Valley Electric Cooperative Foundation ($109k) and Christian Education Services Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $165k against liabilities of $0, net assets of $165k.