Meadow Oaks Education Foundation

Analysis

Meadow Oaks Education Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2014, 12 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 2023, Meadow Oaks Education Foundation reported income of $32.4m and spending of $30.4m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $7.3m to $32.4m (+346%), an average of +45% a year. The sharpest change came in the year to August 2020, when income rose by 97%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Meadow Oaks Education Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Lane College ($32.4m), Rabun Gap-Nacoochee School ($32.4m) and Western Pennsylvania School for the Deaf ($32.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $133k (0.4% of expenses). Other salaries and wages came to $12.7m. At year end it held assets of $137.9m against liabilities of $131.8m, net assets of $6.1m. It reported 247 employees.