Medina Valley Education Foundation
Analysis
Medina Valley Education Foundation is a registered charity in United States, based in Castroville, TX. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2024, Medina Valley Education Foundation reported income of $99k and spending of $63k, leaving 36% of income unspent that year. Across the 3 years on record, from August 2022 to August 2024, income grew from $63k to $99k (+59%), an average of +26% a year. The sharpest change came in the year to August 2024, when income rose by 32%. Over the whole period it spent 56% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Medina Valley Education Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Richmond Memorial Library Foundation ($99k), Mendocino Coast Writers Conference ($99k) and Kendall Madison Foundation ($99k).
On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 22% of the total. At year end it held assets of $176k against liabilities of $2,730, net assets of $174k.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Other 78%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Richmond Memorial Library Foundation | Batavia | $99k |
| Mendocino Coast Writers Conference | Fort Bragg | $99k |
| Kendall Madison Foundation | East Hampton | $99k |
| Harold C Jennings Foundation | Greenville | $99k |