Texas A&m Foundation

Analysis

Texas A&m Foundation is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in January 1983, 43 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 Foundation reported income of $293.3m and spending of $223.6m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $249.3m to $293.3m (+18%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 64% 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 Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include The Villages Charter School Inc ($292.9m), Carleton College ($296.5m) and Merrimack College ($291.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. Compensation of current officers, directors and key employees was $3.1m (1.4% of expenses). Other salaries and wages came to $18.7m. It paid $30k in professional fundraising fees. At year end it held assets of $3.20bn against liabilities of $413.0m, net assets of $2.79bn. It reported 195 employees.