Forney Isd Education Leadership Foundation Inc

Analysis

Forney Isd Education Leadership Foundation Inc is a registered charity in United States, based in Forney, TX. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, Forney Isd Education Leadership Foundation Inc reported income of $598k and spending of $508k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $59k to $598k (+911%), an average of +78% a year. The sharpest change came in the year to June 2020, when income rose by 331%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forney Isd Education Leadership Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Little Hearts Preschool ($597k), New Jersey School Administrators Education and Research Foundation ($598k) and Friedrich Naumann Foundation ($597k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $75k (15% of expenses). At year end it held assets of $908k against liabilities of $0, net assets of $908k.