Sheldon Independent School District Education Foundation

Analysis

Sheldon Independent School District Education Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2006, 20 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, Sheldon Independent School District Education Foundation reported income of $76k and spending of $166k, spending 218% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $140k to $76k (-46%), an average of -26% a year. The sharpest change came in the year to August 2022, when income dropped by 34%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sheldon Independent School District Education Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Elizabeth City-Pasquotank Public School Foundation Inc ($76k), Billy Mock Foundation Inc ($76k) and Crozet Elementary PTO Inc ($76k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.