Texas A&m University - Centraltexas Foundation

Analysis

Texas A&m University - Centraltexas Foundation is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in February 2008, 18 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, Texas A&m University - Centraltexas Foundation reported income of $582k and spending of $471k, spending 81% of its income. Across the 2 years on record, from August 2019 to August 2023, income fell from $3.2m to $582k (-82%), an average of -82% a year. The sharpest change came in the year to August 2023, when income dropped by 82%. Over the whole period it spent 24% 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 - Centraltexas Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Park City Sailing Association ($582k), Ndoto ($582k) and Rouse High School Athletic Booster Club ($582k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.