Wylie Isd Education Foundation Inc

Analysis

Wylie Isd Education Foundation Inc is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in April 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 June 2024, Wylie Isd Education Foundation Inc reported income of $681k and spending of $477k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $508k to $681k (+34%), an average of +7.6% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wylie Isd Education Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Communities in Schools Puyallup ($681k), Comquest Academy ($681k) and Orangeburg Library ($681k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% of the total. Compensation of current officers, directors and key employees was $90k (19% of expenses). Other salaries and wages came to $29k. At year end it held assets of $3.0m against liabilities of $31k, net assets of $2.9m.