Alamo Colleges Foundation Inc

Analysis

Alamo Colleges Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 1986, 40 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, Alamo Colleges Foundation Inc reported income of $9.3m and spending of $5.8m, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.1m to $9.3m (+127%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 570%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Alamo Colleges Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include The Academies Charter Management Organization ($9.3m), Academy at High Point ($9.3m) and New Century School ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $79.1m against liabilities of $157k, net assets of $78.9m.