Frederick T Crosby Education Foundation Inc

Analysis

Frederick T Crosby Education Foundation Inc is a registered charity in United States, based in Essex, CT. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Frederick T Crosby Education Foundation Inc reported income of $520k and spending of $323k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $6.2m to $520k (-92%), an average of -39% a year. The sharpest change came in the year to June 2024, when income rose by 153%. Over the whole period it spent 25% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Frederick T Crosby Education Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 68th percentile within CT. Charities of a similar size with the same main cause include Castle Band Boosters Inc ($520k), Lutheran Scholarship Granting Organization of Ohio Inc ($520k) and Harvard Business School Interactive Inc ($520k).

At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.