The Elizabeth Bowers Zambia Education Fund

Analysis

The Elizabeth Bowers Zambia Education Fund is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 2007, 19 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, The Elizabeth Bowers Zambia Education Fund reported income of $159k and spending of $185k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $159k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Elizabeth Bowers Zambia Education Fund sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within OR. Charities of a similar size with the same main cause include Belle Plaine Community School ($159k), Minette Grosso McKenna Angel Foundation Inc ($159k) and Evermore Academy LLC ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.