Adams Friendship Area Educational Foundation Inc

Analysis

Adams Friendship Area Educational Foundation Inc is a registered charity in United States, based in Friendship, WI. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Adams Friendship Area Educational Foundation Inc reported income of $168k and spending of $172k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $107k to $168k (+57%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 130%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adams Friendship Area Educational Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within WI. Charities of a similar size with the same main cause include Clark County Literacy Coalition ($168k), Bridge Year Educational Services Inc ($168k) and School of the Arts Band Boosters ($168k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $885k against liabilities of $146k, net assets of $740k.