Temple College Foundation

Analysis

Temple College Foundation is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in August 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 August 2023, Temple College Foundation reported income of $1.7m and spending of $552k, leaving 67% of income unspent that year. The sharpest change came in the year to August 2023, when income rose by 16577%. Over the whole period it spent 158% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Temple College Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Forest Ranch Charter School ($1.7m), Public Library of Phoenixville ($1.7m) and Lubbock Christian University Foundation ($1.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 20% of the total. At year end it held assets of $13.7m against liabilities of $18.7m, net assets of -$5.0m.