Carthage Isd Education Foundation Inc

Analysis

Carthage Isd Education Foundation Inc is a registered charity in United States, based in Carthage, TX. It received its IRS tax-exemption ruling in September 2002, 24 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 December 2023, Carthage Isd Education Foundation Inc reported income of $95k and spending of $271k, spending 287% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $95k (+21%), an average of +4.8% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Carthage Isd Education Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Jenkins PTO ($95k), Colorado Association of School Nurses ($95k) and Santa Barbara Hacker Space Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.