Modesto Educational Foundation

Analysis

Modesto Educational Foundation is a registered charity in United States, based in Long Valley, NJ. It received its IRS tax-exemption ruling in May 2021, 5 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, Modesto Educational Foundation reported income of $114k and spending of $47k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $202k to $114k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Modesto Educational Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Community Friends of Ics Foundation Inc ($113k), Code Our Dreams ($114k) and Richland Elementary Parent Teachers Organization Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.