Cache Education Foundation

Analysis

Cache Education Foundation is a registered charity in United States, based in North Logan, UT. It received its IRS tax-exemption ruling in July 1989, 37 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, Cache Education Foundation reported income of $1.5m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $882k to $1.5m (+74%), an average of +15% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cache Education Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within UT. Charities of a similar size with the same main cause include Udac Inc ($1.5m), Red Hat Day Care Center Inc ($1.5m) and H L Neblett Community Center Inc ($1.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $69k (4.7% of expenses). At year end it held assets of $1.6m against liabilities of $37k, net assets of $1.5m. It reported 1 employees.