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Georgetown Isd Education Foundation

RegisteredEIN 47-4577513Georgetown, TXEducation and training
Income$266k2023-06
Spending$302ksame year
Spent / received37%2-year average
Size in its cause59th pctEducation and training
Exempt since2015Publicly supported organisat
Employees1latest return

Analysis

Georgetown Isd Education Foundation is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in July 2015, 11 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 2023, Georgetown Isd Education Foundation reported income of $266k and spending of $302k, spending 114% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $862k to $266k (-69%), an average of -69% a year. The sharpest change came in the year to June 2023, when income dropped by 69%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Georgetown Isd Education Foundation 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 59th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Gbarnga Lutheran Mission Project Inc ($266k), Fusion Homeschooling Inc ($266k) and Provident Charter School Foundation ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $858k against liabilities of $0, net assets of $858k. It reported 1 employees.

Income and spending

$0$215k$431k$646k$862k2022 Income: $861,9532022 Spending: $114,37320222023 Income: $265,7512023 Spending: $302,4052023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Other 34%

Similar-sized charities, same cause

CharityLocationIncome
Gbarnga Lutheran Mission Project IncProvidence$266k
Fusion Homeschooling IncMurfreesboro$266k
Provident Charter School FoundationPittsburgh$266k
Kensap IncMontclair$266k