The Salina Education Foundation

Analysis

The Salina Education Foundation is a registered charity in United States, based in Salina, KS. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, The Salina Education Foundation reported income of $429k and spending of $297k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $260k to $429k (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 115%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Salina Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within KS. Charities of a similar size with the same main cause include Cleveland Rowing Foundation ($429k), Access Bellingham Inc ($429k) and Bethel Area Housing Inc ($429k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $77k (26% of expenses). At year end it held assets of $3.1m against liabilities of $1,942, net assets of $3.0m. It reported 2 employees.