Blackwell Consolidated Education Foundation Inc

Analysis

Blackwell Consolidated Education Foundation Inc is a registered charity in United States, based in Blackwell, TX. It received its IRS tax-exemption ruling in April 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 ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Blackwell Consolidated Education Foundation Inc reported income of $3.1m and spending of $366k, leaving 88% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.9m to $3.1m (+6.0%), an average of +1.5% a year. The sharpest change came in the year to August 2022, when income dropped by 67%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blackwell Consolidated Education Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Institute of Human Behavior Research and Education ($3.1m), Migdal Ohr International Inc ($3.1m) and Allegany County Library ($3.1m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 3.6% of the total. At year end it held assets of $35.6m against liabilities of $0, net assets of $35.6m.