Excel Foundation Inc

Analysis

Excel Foundation Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in March 2023, 3 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 May 2023, Excel Foundation Inc reported income of $299k and spending of $203k, leaving 32% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income fell from $320k to $299k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to May 2021, when income rose by 89%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excel Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within ID. Charities of a similar size with the same main cause include Cocalico Education Foundation ($299k), Grace Collaborative Inc ($299k) and Caha Inc ($299k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $2.3m against liabilities of $13k, net assets of $2.3m.