Montgomery Education Foundation

Analysis

Montgomery Education Foundation is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in August 1996, 30 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 2023, Montgomery Education Foundation reported income of $95k and spending of $90k, spending 95% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $72k to $95k (+32%), an average of +32% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Montgomery Education Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Psalt NK ($94k), Icasi Scholarship Fund Inc ($95k) and Kumus Cupboard ($94k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.