Northside Education Foundation

Analysis

Northside Education Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Northside Education Foundation reported income of $903k and spending of $725k, spending 80% of its income. Across the 6 years on record, from May 2019 to August 2023, income fell from $1.3m to $903k (-31%), an average of -7.1% a year. The sharpest change came in the year to August 2021, when income rose by 458%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Northside 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 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Kelton & Alma White Memorial Trust ($902k), Victory Cup Initiative Inc ($904k) and The United Way of Greater Niagara Inc ($902k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $6.4m against liabilities of $209k, net assets of $6.2m.