June F Shelton Legacy Foundation

Analysis

June F Shelton Legacy Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, June F Shelton Legacy Foundation reported income of $893k and spending of $77k, leaving 91% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $743k to $893k (+20%), an average of +4.7% a year. The sharpest change came in the year to May 2021, when income rose by 61%. Over the whole period it spent 10% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, June F Shelton Legacy Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Impact for Developmental Education Inc ($892k), Education Foundation of Eagle County ($893k) and Seeds for Autism ($892k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $10.0m against liabilities of $0, net assets of $10.0m.