Zeeland Education Foundation

Analysis

Zeeland Education Foundation is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, Zeeland Education Foundation reported income of $472k and spending of $207k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $472k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 263%. Over the whole period it spent 36% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Zeeland Education Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MI. Charities of a similar size with the same main cause include Tomball Athletic Booster Club Inc ($472k), Noblesville Band Boosters Inc ($473k) and Partners in Education of Toledo ($472k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. Other salaries and wages came to $28k. At year end it held assets of $2.6m against liabilities of $1,325, net assets of $2.6m. It reported 1 employees.