Benton Harbor Education Foundation

Analysis

Benton Harbor Education Foundation is a registered charity in United States, based in St Joseph, MI. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Benton Harbor Education Foundation reported income of $336k and spending of $198k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $236k to $336k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 5384%. Over the whole period it spent 36% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Benton Harbor 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 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Foxwood Springs Residents Council ($336k), Kiddie Factory Inc ($336k) and Fellows of the Rsa in the United States ($335k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $727k against liabilities of $333, net assets of $727k.