North East Educational Foundation Inc

Analysis

North East Educational Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 1986, 40 years ago. 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 2024, North East Educational Foundation Inc reported income of $725k and spending of $533k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $762k to $725k (-4.9%), an average of -1.2% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North East Educational Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Causewave Community Partners Inc ($725k), Shepherds Haven Ministries Inc ($725k) and Ellis County Historical Society ($725k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% of the total. At year end it held assets of $2.1m against liabilities of $65k, net assets of $2.1m.