Hitchcock Isd Education Foundation Inc

Analysis

Hitchcock Isd Education Foundation Inc is a registered charity in United States, based in Hitchcock, TX. It received its IRS tax-exemption ruling in April 2019, 7 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, Hitchcock Isd Education Foundation Inc reported income of $67k and spending of $51k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $67k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hitchcock Isd Education Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Cissna Park Education Foundation Inc Nonprofit Organization ($67k), Rachel Quinn Childrens Foundation Inc ($67k) and Maple Hill Elementary School Community Club ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.