Temple Education Foundation Inc

Analysis

Temple Education Foundation Inc is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in October 1991, 35 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 June 2023, Temple Education Foundation Inc reported income of $416k and spending of $254k, leaving 39% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $238k to $416k (+75%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Temple Education Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include PR Education Initiative Corp ($416k), Edwin J Gregson Foundation ($416k) and Cuero Isd Education Foundation ($416k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.5m against liabilities of $118k, net assets of $1.3m. It reported 3 employees.