Cherokee County Educational Foundation Inc

Analysis

Cherokee County Educational Foundation Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in March 2014, 12 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, Cherokee County Educational Foundation Inc reported income of $395k and spending of $289k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $173k to $395k (+128%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cherokee County Educational Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within GA. Charities of a similar size with the same main cause include Region VII Headstart Association Inc ($395k), Madres de Casino RD Foundation ($395k) and TSRHC Scholarship Fund ($395k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $75k. At year end it held assets of $523k against liabilities of $0, net assets of $523k. It reported 1 employees.