Corpus Christi Education Foundation

Analysis

Corpus Christi Education Foundation is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in August 1994, 32 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 December 2023, Corpus Christi Education Foundation reported income of $321k and spending of $397k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $254k to $321k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 84% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Corpus Christi Education Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include SSM Health at Home Foundation of Wisconsin Inc ($321k), North Chicago Public Education Foundation ($321k) and Bay Area Chamber Foundation Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 108% of the total. It paid $14k in professional fundraising fees. At year end it held assets of $716k against liabilities of $0, net assets of $716k.