Children First Education Fund

Analysis

Children First Education Fund is a registered charity in United States, based in South Jordan, UT. It received its IRS tax-exemption ruling in December 2020, 6 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, Children First Education Fund reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 4 years on record, from December 2021 to June 2024, income fell from $2.8m to $2.5m (-10%), an average of -3.6% a year. The sharpest change came in the year to June 2023, when income rose by 1688%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Children First Education Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within UT. Charities of a similar size with the same main cause include Upper Valley Waldorf School ($2.5m), Intermountain Childrens Services Inc ($2.5m) and Northpoint Christian Academy Inc ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $244k. At year end it held assets of $2.6m against liabilities of $1.9m, net assets of $676k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.