Crosby Education Foundation

Analysis

Crosby Education Foundation is a registered charity in United States, based in Crosby, TX. It received its IRS tax-exemption ruling in March 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 December 2023, Crosby Education Foundation reported income of $249k and spending of $168k, leaving 33% of income unspent that year. Across the 4 years on record, from August 2019 to December 2023, income grew from $175k to $249k (+42%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Crosby Education Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Safety Harbor Art and Music Center Inc ($249k), Beech High School Football Booster Club ($249k) and CVHS Band Booster Organization ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% of the total. Other salaries and wages came to $72k. At year end it held assets of $407k against liabilities of $0, net assets of $407k.