Construction Education Foundation Inc

Analysis

Construction Education Foundation Inc is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Construction Education Foundation Inc reported income of $2.7m and spending of $3.1m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.9m to $2.7m (-8.5%), an average of -2.2% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Construction Education Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Florida High School for Accelerated Learning-Hillsborough County Camp ($2.7m), Middlebury Academy ($2.7m) and Charleston Development Acdemy ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $378k (12% of expenses). Other salaries and wages came to $66k. At year end it held assets of $2.5m against liabilities of $1.9m, net assets of $610k. It reported 50 employees.