Flowing Wells Educational Foundation

Analysis

Flowing Wells Educational Foundation is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Flowing Wells Educational Foundation reported income of $98k and spending of $89k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $98k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Flowing Wells Educational Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within AZ. Charities of a similar size with the same main cause include Pennsbury O M Association ($98k), East Forsyth Athletic Booster Club Inc ($98k) and Michigan Life Sciences Engineering Advising & Development Consulting ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $244k against liabilities of $5,903, net assets of $238k.