Krum Isd Education Foundation
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
Where the income comes from
- Contributions & grants 37%
- Other 63%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tampa Bay Maritime Scholarship Foundation Inc | Tampa | $181k |
| Ohana Institute Foundation | Inlet Beach | $181k |
| Springfield Local Athletic Boosters Inc | New Middletwn | $181k |
| Association of Collegiate Educators in Radiologic Technology | Ogden | $181k |