Round Rock Isd Education Foundation

Analysis

Round Rock Isd Education Foundation is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in May 1988, 38 years ago. 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 June 2023, Round Rock Isd Education Foundation reported income of $1.2m and spending of $1.2m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.2m (+19%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Round Rock Isd Education Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Closet of the Greater Herndon Area Inc ($1.2m), Booksmiles ($1.2m) and Raptor Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $372k. At year end it held assets of $1.1m against liabilities of $84k, net assets of $1.0m. It reported 6 employees.