Tuloso-Midway Isd Education Foundation Inc

Analysis

Tuloso-Midway Isd Education Foundation Inc is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in March 2023, 3 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, Tuloso-Midway Isd Education Foundation Inc reported income of $126k and spending of $68k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $126k (+599%), an average of +599% a year. The sharpest change came in the year to December 2023, when income rose by 599%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tuloso-Midway Isd Education Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Chappaqua Summer Scholarship Program ($126k), Southside School Foundation Inc ($126k) and New Prague Area Education Foundation ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $386k against liabilities of $0, net assets of $386k.