Educational Foundation of the Southeasttexaschapter

Analysis

Educational Foundation of the Southeasttexaschapter is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2012, 14 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, Educational Foundation of the Southeasttexaschapter reported income of $475k and spending of $436k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $475k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 200%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Foundation of the Southeasttexaschapter sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Grapevine Christian School ($475k), Shepherds Kids Preschool Inc ($475k) and Perquimans County Schools Foundation Inc ($475k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 53% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.