Frisco Education Foundation Inc

Analysis

Frisco Education Foundation Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 July 2024, Frisco Education Foundation Inc reported income of $1.1m and spending of $979k, spending 87% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $1.1m to $1.1m (+5.2%), an average of +1.3% a year. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Frisco Education Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Saint Agatha Foundation ($1.1m), Tides Two Rivers Fund ($1.1m) and Cardiovascular Research Foundationof Southern California ($1.1m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 84% of the total. At year end it held assets of $5.3m against liabilities of $221k, net assets of $5.1m.