Victoria Isd Education Foundation Inc

Analysis

Victoria Isd Education Foundation Inc is a registered charity in United States, based in Victoria, TX. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Victoria Isd Education Foundation Inc reported income of $229k and spending of $226k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $793k to $229k (-71%), an average of -27% a year. The sharpest change came in the year to August 2020, when income dropped by 78%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Victoria Isd Education Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Economic Collaborative of Northern Arizona Inc ($228k), Hamilton Flourishing ($229k) and Heart of Lebanon Inc ($228k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 113% of the total. At year end it held assets of $395k against liabilities of $3,737, net assets of $392k.