Orcas Island Education Foundation

Analysis

Orcas Island Education Foundation is a registered charity in United States, based in Eastsound, WA. It received its IRS tax-exemption ruling in March 1985, 41 years ago. 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 June 2023, Orcas Island Education Foundation reported income of $271k and spending of $182k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $99k to $271k (+173%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 266%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orcas Island Education Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within WA. Charities of a similar size with the same main cause include Chickasha Public School Foundation ($271k), Heldeberg Workshop ($271k) and Care and Share Incorporated of Erie County ($271k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $474k against liabilities of $0, net assets of $474k.