Aledo Isd Education Foundation

Analysis

Aledo Isd Education Foundation is a registered charity in United States, based in Aledo, TX. It received its IRS tax-exemption ruling in July 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 August 2024, Aledo Isd Education Foundation reported income of $494k and spending of $392k, leaving 21% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $342k to $494k (+44%), an average of +7.6% a year. The sharpest change came in the year to August 2021, when income rose by 96%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aledo Isd Education Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Marlborough Public Library Foundation Inc ($494k), The Epworth Foundation ($494k) and Montessori Center Room Inc ($494k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $97k. At year end it held assets of $380k against liabilities of $0, net assets of $380k. It reported 2 employees.