Albany Isd Education Foundation Inc

Analysis

Albany Isd Education Foundation Inc is a registered charity in United States, based in Eastland, TX. It received its IRS tax-exemption ruling in June 2015, 11 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 August 2023, Albany Isd Education Foundation Inc reported income of $195k and spending of $114k, leaving 42% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $11k to $195k (+1716%), an average of +106% a year. The sharpest change came in the year to August 2020, when income rose by 5134%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Albany Isd Education Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Orwigsburg Area Free Public Library ($195k), Sonflower Christian Preschool Inc ($195k) and Plumbers Local Union No 690 Scholarship Fund ($195k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.8% of the total. At year end it held assets of $4.3m against liabilities of $760, net assets of $4.3m.