Steamboat Springs Education Fund

Analysis

Steamboat Springs Education Fund is a registered charity in United States, based in Steamboat Springs, CO. It received its IRS tax-exemption ruling in March 1995, 31 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, Steamboat Springs Education Fund reported income of $6.5m and spending of $6.5m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.7m to $6.5m (+73%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Steamboat Springs Education Fund sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Loneman School Corporation ($6.5m), The Covenant Preparatory School ($6.5m) and United for Respect Education Fund ($6.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $3.5m against liabilities of $1.6m, net assets of $1.9m.