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Krum Isd Education Foundation

RegisteredEIN 45-4736881Krum, TXEducation and training
Income$181k2024-06
Spending$86ksame year
Spent / received49%6-year average
Size in its cause52nd pctEducation and training
Exempt since2013Publicly supported organisat
Employees0latest return

Analysis

Krum Isd Education Foundation is a registered charity in United States, based in Krum, TX. It received its IRS tax-exemption ruling in August 2013, 13 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 June 2024, Krum Isd Education Foundation reported income of $181k and spending of $86k, leaving 52% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $125k to $181k (+45%), an average of +7.7% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Krum Isd Education Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Tampa Bay Maritime Scholarship Foundation Inc ($181k), Ohana Institute Foundation ($181k) and Springfield Local Athletic Boosters Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $767k against liabilities of $66k, net assets of $701k.

Income and spending

$0$47k$93k$140k$187k2019 Income: $124,9112019 Spending: $57,37120192020 Income: $111,0852020 Spending: $45,19920202021 Income: $175,5612021 Spending: $63,44120212022 Income: $144,6472022 Spending: $90,09820222023 Income: $186,8562023 Spending: $108,45220232024 Income: $180,6472024 Spending: $85,8852024
IncomeSpending

Where the income comes from

  • Contributions & grants 37%
  • Other 63%

Similar-sized charities, same cause

CharityLocationIncome
Tampa Bay Maritime Scholarship Foundation IncTampa$181k
Ohana Institute FoundationInlet Beach$181k
Springfield Local Athletic Boosters IncNew Middletwn$181k
Association of Collegiate Educators in Radiologic TechnologyOgden$181k