Texas a & M University 12th Man Foundation

Analysis

Texas a & M University 12th Man Foundation is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Texas a & M University 12th Man Foundation reported income of $121.0m and spending of $133.3m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $65.4m to $121.0m (+85%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 245%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas a & M University 12th Man Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include St Ambrose University ($120.9m), Georgia Cyber Academy ($121.3m) and Emmanuel College ($120.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $1.9m (1.5% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $286.2m against liabilities of $54.8m, net assets of $231.3m. It reported 265 employees.