Skaneateles Education Foundation

Analysis

Skaneateles Education Foundation is a registered charity in United States, based in Skaneateles, NY. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Skaneateles Education Foundation reported income of $93k and spending of $89k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $101k to $93k (-7.7%), an average of -7.7% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Skaneateles Education Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Casa Care Inc ($93k), Maple River Loaves & Fishes Food Shelf ($93k) and Lovesome Stables Inc ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 63% of the total. At year end it held assets of $313k against liabilities of $737, net assets of $312k.