Eductional Assistance Fund Inc

Analysis

Eductional Assistance Fund Inc is a registered charity in United States, based in North Olmsted, OH. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Eductional Assistance Fund Inc reported income of $145k and spending of $176k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $145k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Eductional Assistance Fund Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Port St Lucie Police Athletic League Inc ($145k), Iq for Kids Inc ($145k) and Edwardsville Little League Association ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.