Douglas County Educational Foundation

Analysis

Douglas County Educational Foundation is a registered charity in United States, based in Castle Rock, CO. It received its IRS tax-exemption ruling in August 1991, 35 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 (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 2023, Douglas County Educational Foundation reported income of $5.2m and spending of $4.9m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $5.2m (+0.5%), an average of +0.1% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Douglas County Educational Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CO. Charities of a similar size with the same main cause include United Way of Greater Lafayette & Tippecanoe County ($5.2m), United Way of Santa Cruz County ($5.2m) and Special Forces Charitable Trust ($5.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $118k (2.4% of expenses). Other salaries and wages came to $256k. At year end it held assets of $4.3m against liabilities of $47k, net assets of $4.3m. It reported 5 employees.