Grant Halliburton Foundation Inc

Analysis

Grant Halliburton Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2007, 19 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, Grant Halliburton Foundation Inc reported income of $1.8m and spending of $2.3m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.8m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grant Halliburton Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Lewis County Head Start ($1.8m), Cowley College Foundation ($1.8m) and Core Education Academy ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 113% and program service revenue 6.0% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.3m against liabilities of $800k, net assets of $455k. It reported 22 employees.