Beefmaster Educational Endowment Foundation

Analysis

Beefmaster Educational Endowment Foundation is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in August 2009, 17 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, Beefmaster Educational Endowment Foundation reported income of $102k and spending of $100k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $102k (-66%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 40% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beefmaster Educational Endowment Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include The Ladies of Escoffier Ltd ($102k), Foundation of Shallowford Falls Inc ($102k) and Altrusa International Foundation Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $1.5m against liabilities of $5,998, net assets of $1.5m.