San Antonio Education Fund

Analysis

San Antonio Education Fund is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 1989, 37 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 September 2023, San Antonio Education Fund reported income of $5.2m and spending of $4.8m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.4m to $5.2m (+16%), an average of +3.8% a year. The sharpest change came in the year to September 2023, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, San Antonio Education Fund sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Esthers School Inc ($5.2m), Lancaster Public Library ($5.2m) and Believe Memphis Academy ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $294k (6.1% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.6m against liabilities of $2.6m, net assets of $2.0m. It reported 48 employees.