Cummings - Feola Family Foundation Inc

Analysis

Cummings - Feola Family Foundation Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in July 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 June 2024, Cummings - Feola Family Foundation Inc reported income of $185k and spending of $75k, leaving 59% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $269k to $185k (-31%), an average of -12% a year. The sharpest change came in the year to June 2024, when income rose by 1117%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cummings - Feola Family Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include General Alumni Association of Fisk University ($185k), Eastern Illinois University Alumni Association Inc ($185k) and Mentor2youth Inc ($185k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $420k against liabilities of $0, net assets of $420k.