Hutto Education Foundation Inc

Analysis

Hutto Education Foundation Inc is a registered charity in United States, based in Hutto, TX. It received its IRS tax-exemption ruling in September 2008, 18 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, Hutto Education Foundation Inc reported income of $272k and spending of $253k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $326k to $272k (-17%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 378%. Over the whole period it spent 45% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hutto Education Foundation Inc 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 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Cleburne Isd Education Foundation ($272k), Cell Stress Society International Inc ($272k) and Leadership Eastside a Washington Nonprofit Corporation ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.