Strake Jesuit Foundation

Analysis

Strake Jesuit Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Strake Jesuit Foundation reported income of $3.2m and spending of $1.3m, leaving 58% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $3.2m (+87%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 263%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Strake Jesuit Foundation 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 The Nea Foundation for the Improvement of Education ($3.2m), Children and Nature Network ($3.2m) and Sankofa School of Success Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.7% of the total. At year end it held assets of $31.2m against liabilities of $0, net assets of $31.2m.