Sand Springs Education Foundation Inc

Analysis

Sand Springs Education Foundation Inc is a registered charity in United States, based in Sand Springs, OK. It received its IRS tax-exemption ruling in November 1989, 37 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 2022, Sand Springs Education Foundation Inc reported income of $194k and spending of $150k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $171k to $194k (+13%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sand Springs Education Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include TCK International Academy ($193k), Bilingual Education for Central America ($194k) and Roland@park Foundation Inc ($193k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.1% and program service revenue 12% of the total. Other salaries and wages came to $15k. At year end it held assets of $1.9m against liabilities of $19k, net assets of $1.9m. It reported 1 employees.