Shallowater Education Foundation

Analysis

Shallowater Education Foundation is a registered charity in United States, based in Shallowater, TX. It received its IRS tax-exemption ruling in June 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, Shallowater Education Foundation reported income of $180k and spending of $284k, spending 157% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $292k to $180k (-38%), an average of -22% a year. The sharpest change came in the year to August 2022, when income dropped by 45%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shallowater Education Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Hancock College Boosters Inc ($180k), Executive Women of New Jersey Charitable Trust ($180k) and Composition Roofers Joint Apprenticeship Committee ($180k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $187k against liabilities of $0, net assets of $187k.