Snowdrop Foundation Inc

Analysis

Snowdrop Foundation Inc is a registered charity in United States, based in Waller, TX. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Snowdrop Foundation Inc reported income of $612k and spending of $600k, spending 98% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $781k to $612k (-22%), an average of -5.9% a year. The sharpest change came in the year to August 2022, when income rose by 54%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Snowdrop Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Northeast Texas Regional Advisory Council ($612k), American Academy of Pediatric Dentistry Foundation ($612k) and Lakeshore Volunteer Ambulance Inc ($612k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% of the total. Other salaries and wages came to $61k. At year end it held assets of $410k against liabilities of $0, net assets of $410k. It reported 2 employees.