Tracy Andrus Foundation

Analysis

Tracy Andrus Foundation is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in May 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 2022, Tracy Andrus Foundation reported income of $1.1m and spending of $1.4m, spending 124% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $1.3m to $1.1m (-12%), an average of -12% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tracy Andrus Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Tek Center Inc ($1.1m), Orlando Youth Alliance Inc ($1.1m) and Gifted and Talented Educational School ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $417k. At year end it held assets of $31k against liabilities of $25k, net assets of $6,180. It reported 11 employees.