Shamrock Community Educational Foundation Inc

Analysis

Shamrock Community Educational Foundation Inc is a registered charity in United States, based in Shamrock, TX. It received its IRS tax-exemption ruling in January 2003, 23 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, Shamrock Community Educational Foundation Inc reported income of $120k and spending of $29k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $110k to $120k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2023, when income rose by 243%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shamrock Community Educational Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Waynedale Athletic Booster Club Inc ($120k), Dartmouth Educational Association ($120k) and Orthodontic Foundation Inc ($120k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 0.6% of the total. At year end it held assets of $839k against liabilities of $0, net assets of $839k.