Governors Rural Education Foundation
Analysis
Governors Rural Education Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2024, 2 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, Governors Rural Education Foundation reported income of $12.6m and spending of $15.0m, spending 119% of what it took in. The sharpest change came in the year to June 2024, when income rose by 151%. 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, Governors Rural Education Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Cornerstone Academy Community School ($12.6m), Conservative Jewish Day School of Dallas Inc ($12.6m) and Ma Maritime Academy Foundation Inc ($12.6m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cornerstone Academy Community School | Westerville | $12.6m |
| Conservative Jewish Day School of Dallas Inc | Dallas | $12.6m |
| Ma Maritime Academy Foundation Inc | Buzzards Bay | $12.6m |
| Tis Ltd | Dulles | $12.6m |