Rey Feo Scholarship Foundation

Analysis

Rey Feo Scholarship Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1976, 50 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, Rey Feo Scholarship Foundation reported income of $311k and spending of $836k, spending 269% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $425k to $311k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income rose by 4478%. Over the whole period it spent 140% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Rey Feo Scholarship Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($311k), College Properties of Oberlin Inc ($311k) and Spark of Hope ($311k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $44k (5.2% of expenses). At year end it held assets of $624k against liabilities of $35k, net assets of $589k. It reported 1 employees.