Society of Decorative Painters Foundation Inc

Analysis

Society of Decorative Painters Foundation Inc is a registered charity in United States, based in Marble Falls, TX. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society of Decorative Painters Foundation Inc reported income of $96k and spending of $235k, spending 245% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $96k (+187%), an average of +30% a year. The sharpest change came in the year to December 2020, when income rose by 119%. Over the whole period it spent 236% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Society of Decorative Painters Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Hua Xia Chinese School ($96k), Highland Ranch Educational Foundation ($96k) and Yakima Schools Foundation ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.