Family-Directed Education Foundation

Analysis

Family-Directed Education Foundation is a registered charity in United States, based in Willis, TX. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Family-Directed Education Foundation reported income of $666k and spending of $738k, spending 111% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $348k to $666k (+92%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family-Directed Education Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include GPS Ministries Inc ($666k), Community Christian School of Weste RN Nebraska Inc ($666k) and Teen Closet ($666k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $97k (13% of expenses). Other salaries and wages came to $283k. It paid $2,800 in professional fundraising fees. At year end it held assets of $4,014 against liabilities of $34k, net assets of -$30k. It reported 76 employees.