Melissa Education Foundation

Analysis

Melissa Education Foundation is a registered charity in United States, based in Melissa, TX. It received its IRS tax-exemption ruling in April 2006, 20 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 August 2023, Melissa Education Foundation reported income of $299k and spending of $297k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $288k to $299k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to August 2022, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Melissa Education Foundation 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 66th percentile within TX. Charities of a similar size with the same main cause include Natomas Arts and Education Foundation ($299k), Alexandria-Fairfax Alumni Chapter Kappa Schlrship Endowment Fund Inc ($299k) and Cohesion Network Inc ($299k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 33% of the total. Other salaries and wages came to $46k. At year end it held assets of $252k against liabilities of $0, net assets of $252k.