Texas Food Processors Association Scholarship Foundation

Analysis

Texas Food Processors Association Scholarship Foundation is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in December 2005, 21 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, Texas Food Processors Association Scholarship Foundation reported income of $88k and spending of $116k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $88k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Food Processors Association Scholarship Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Little Village Montessori School Inc ($88k), Parent Booster USA Inc ($88k) and Iberia Project Graduation Inc ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.