The Education Foundation for Joint School District 2 Inc

Analysis

The Education Foundation for Joint School District 2 Inc is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 2023, The Education Foundation for Joint School District 2 Inc reported income of $1.7m and spending of $1.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Education Foundation for Joint School District 2 Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within ID. Charities of a similar size with the same main cause include Parents and Teachers Association of P S 29 Inc ($1.7m), Japanese American Service Committee Housing Corp ($1.7m) and Vedic Connections International ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.4m against liabilities of $132k, net assets of $3.3m.