Round Top - Carmine Education Foundation

Analysis

Round Top - Carmine Education Foundation is a registered charity in United States, based in Round Top, TX. It received its IRS tax-exemption ruling in October 2011, 15 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 August 2023, Round Top - Carmine Education Foundation reported income of $155k and spending of $143k, spending 92% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $89k to $155k (+73%), an average of +73% a year. The sharpest change came in the year to August 2023, when income rose by 73%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Round Top - Carmine Education Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Vista Grande Public Library ($155k), Association of Titan Leaders Assisting Students Inc ($155k) and Flint Kids Learn ($155k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.