The George W Bush Foundation

Analysis

The George W Bush Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in February 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 December 2023, The George W Bush Foundation reported income of $48.5m and spending of $35.7m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $64.4m to $48.5m (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income dropped by 43%. 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, The George W Bush Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Geisinger Commonwealth School of Medicine ($48.5m), Kipp Colorado Schools ($48.6m) and Early Learning Coalition of St Lucie County Inc ($48.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 6.7% of the total. Compensation of current officers, directors and key employees was $2.6m (7.2% of expenses). Other salaries and wages came to $9.8m. It paid $205k in professional fundraising fees. At year end it held assets of $636.5m against liabilities of $3.4m, net assets of $633.1m. It reported 135 employees.