Marshall County Educational Foundation Inc

Analysis

Marshall County Educational Foundation Inc is a registered charity in United States, based in Holly Springs, MS. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Marshall County Educational Foundation Inc reported income of $3.6m and spending of $2.6m, leaving 29% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $3.6m (+148%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 68%. 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, Marshall County Educational Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MS. Charities of a similar size with the same main cause include Endeavor Hall ($3.6m), University of Missouri Alumni Assn ($3.6m) and Dove Charter Public School Foundation ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $266k, net assets of $1.5m. It reported 86 employees.