Burleson Higher Education Opportunity Fund

Analysis

Burleson Higher Education Opportunity Fund is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in November 2008, 18 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 2023, Burleson Higher Education Opportunity Fund reported income of $391k and spending of $364k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $391k (+24%), an average of +5.5% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Burleson Higher Education Opportunity Fund sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Arkansas Imagination Library ($391k), Aloha School Early Learning Center Inc ($391k) and Federation of International Assoc for Public Participation ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $273k against liabilities of $206k, net assets of $67k.