Eanes Education Foundation

Analysis

Eanes Education Foundation is a registered charity in United States, based in W Lake Hills, TX. It received its IRS tax-exemption ruling in February 1992, 34 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, Eanes Education Foundation reported income of $3.3m and spending of $3.4m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.3m (+10%), an average of +2.5% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eanes Education Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Atlanta Youth Academies Foundation Inc ($3.3m), Frankie Lemmon Foundation Inc ($3.3m) and Childhood League Inc ($3.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $81k (2.4% of expenses). Other salaries and wages came to $153k. At year end it held assets of $747k against liabilities of $39k, net assets of $707k. It reported 9 employees.