Sanger Education Foundation Inc

Analysis

Sanger Education Foundation Inc is a registered charity in United States, based in Sanger, 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, Sanger Education Foundation Inc reported income of $349k and spending of $180k, leaving 48% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $266k to $349k (+31%), an average of +7.1% a year. The sharpest change came in the year to August 2021, when income rose by 165%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sanger Education Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Acton Academy Oshkosh Inc ($349k), Parents of Students of Phillips Academy Incorporated ($349k) and Midwest Christian Montessori Academy ($349k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $36k (20% of expenses). At year end it held assets of $1.9m against liabilities of $66k, net assets of $1.8m. It reported 1 employees.