Edu Care Foundation Inc

Analysis

Edu Care Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 2019, 7 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, Edu Care Foundation Inc reported income of $226k and spending of $19k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4,095 to $226k (+5428%), an average of +173% a year. The sharpest change came in the year to December 2020, when income dropped by 661%. Over the whole period it spent 10% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Edu Care Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 61st percentile within NV. Charities of a similar size with the same main cause include Spring Knolls Cooperative Nursery School ($226k), Noshami Institute ($226k) and City Youth Matrix Corp ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $732k against liabilities of $0, net assets of $732k.