Van Alstyne Education Foundation Inc

Analysis

Van Alstyne Education Foundation Inc is a registered charity in United States, based in Van Alstyne, TX. It received its IRS tax-exemption ruling in February 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, Van Alstyne Education Foundation Inc reported income of $274k and spending of $167k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $189k to $274k (+45%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 41%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Van Alstyne Education Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Machine Tool Technologies Research Foundation ($274k), North Carolina Bankers Association Foundation ($274k) and Association of Alumni and Friends of Dayalbagh Educational Institute ($274k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% of the total. At year end it held assets of $907k against liabilities of $21k, net assets of $886k.