Texarkana College Foundation Inc

Analysis

Texarkana College Foundation Inc is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in November 2018, 8 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 August 2023, Texarkana College Foundation Inc reported income of $847k and spending of $361k, leaving 57% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $692k to $847k (+22%), an average of +5.2% a year. The sharpest change came in the year to August 2020, when income rose by 57%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texarkana College Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Tyburn Academy ($846k), Step Forward Global Ministries Inc ($847k) and Lincoln University Foundation of Pennsylvania ($846k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $14.5m against liabilities of $0, net assets of $14.5m.