Keller Isd Education Foundation Inc

Analysis

Keller Isd Education Foundation Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Keller Isd Education Foundation Inc reported income of $340k and spending of $274k, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $194k to $340k (+76%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 137%. Over the whole period it spent 137% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Keller Isd Education Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Faith Christian School Foundation ($340k), Neidlinger Garden Court Inc ($340k) and Hazleton Rotary Foundation ($340k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $132k. At year end it held assets of $353k against liabilities of $3,000, net assets of $350k. It reported 1 employees.