Southwest Texas Junior College Foundation Inc
Analysis
Southwest Texas Junior College Foundation Inc is a registered charity in United States, based in Uvalde, TX. It received its IRS tax-exemption ruling in July 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Southwest Texas Junior College Foundation Inc reported income of $270k and spending of $326k, spending 121% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $242k to $270k (+12%), an average of +2.8% a year. The sharpest change came in the year to August 2022, when income rose by 79%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Southwest Texas Junior College Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Colorado Association for Gifted and Talented ($270k), Florida Bankers Educational Foundation ($270k) and New Brunswick Education Foundation Inc ($270k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.4% and program service revenue 88% of the total. At year end it held assets of $8.9m against liabilities of $411k, net assets of $8.5m.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Program services 88%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Colorado Association for Gifted and Talented | Parker | $270k |
| Florida Bankers Educational Foundation | Tallahassee | $270k |
| New Brunswick Education Foundation Inc | New Brunswick | $270k |
| Family Literacy Network Inc | Houston | $270k |