Education Foundation of Eagle County

Analysis

Education Foundation of Eagle County is a registered charity in United States, based in Edwards, CO. It received its IRS tax-exemption ruling in May 2001, 25 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 2023, Education Foundation of Eagle County reported income of $893k and spending of $907k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $192k to $893k (+366%), an average of +47% a year. The sharpest change came in the year to June 2020, when income rose by 146%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Foundation of Eagle County sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include June F Shelton Legacy Foundation ($893k), Kings Athletic Booster Club ($893k) and Impact for Developmental Education Inc ($892k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $147k (16% of expenses). Other salaries and wages came to $68k. At year end it held assets of $219k against liabilities of $14k, net assets of $205k. It reported 7 employees.