Kipp Texas Future Fund

Analysis

Kipp Texas Future Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Kipp Texas Future Fund reported income of $2.2m and spending of $433k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.7m to $2.2m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 133%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kipp Texas Future Fund sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Academy Charter School Inc ($2.2m), Rise Alliance for Children Inc ($2.2m) and McArthur Library Association ($2.2m).

At year end it held assets of $117.6m against liabilities of $65k, net assets of $117.5m.