Angleton Isd Education Foundation Inc

Analysis

Angleton Isd Education Foundation Inc is a registered charity in United States, based in Angleton, TX. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Angleton Isd Education Foundation Inc reported income of $177k and spending of $201k, spending 114% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $206k to $177k (-14%), an average of -5.1% a year. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Angleton Isd Education Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Project Peace East Bay ($177k), Delphi Human Services Facility ($177k) and Wayne Charitable Partnership Inc ($176k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% of the total. Other salaries and wages came to $62k. At year end it held assets of $207k against liabilities of $16k, net assets of $191k.