Texas A&m University-Kingsville Foundation Inc

Analysis

Texas A&m University-Kingsville Foundation Inc is a registered charity in United States, based in Kingsville, TX. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Texas A&m University-Kingsville Foundation Inc reported income of $9.6m and spending of $5.9m, leaving 38% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $9.8m to $9.6m (-2.0%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 409%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas A&m University-Kingsville Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Juniper Tree Academy ($9.6m), Charlotte Preparatory School Inc ($9.6m) and Island School ($9.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $213k. At year end it held assets of $104.1m against liabilities of $905k, net assets of $103.2m. It reported 9 employees.