Excellence in Education Foundation

Analysis

Excellence in Education Foundation is a registered charity in United States, based in Truckee, CA. It received its IRS tax-exemption ruling in October 1991, 35 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, Excellence in Education Foundation reported income of $464k and spending of $415k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $340k to $464k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excellence in Education Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Sun Valley Policy Forum Inc ($464k), Reach Memphis ($464k) and Mamaroneck-Larchmont Student Aid Fund Inc ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% of the total. Compensation of current officers, directors and key employees was $74k (18% of expenses). Other salaries and wages came to $19k. At year end it held assets of $2.8m against liabilities of $14k, net assets of $2.8m. It reported 2 employees.