Modesto Area Student Endowment Inc

Analysis

Modesto Area Student Endowment Inc is a registered charity in United States, based in Hughson, CA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Modesto Area Student Endowment Inc reported income of $64k and spending of $46k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $64k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 160%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Modesto Area Student Endowment Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Portland Metro Beekeepers Association ($64k), Minnewashta Elementary PTO Inc ($64k) and Souris Basin Foundation ($64k).

At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.