Tolar Education Foundation

Analysis

Tolar Education Foundation is a registered charity in United States, based in Tolar, 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 December 2023, Tolar Education Foundation reported income of $83k and spending of $83k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $83k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tolar Education Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Vestal Central Athletic Club Inc ($83k), Parent Booster USA Inc ($83k) and Hamilton Parent Group Oversight Board ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.