Hidalgo Independent School District Scholarship Foundation

Analysis

Hidalgo Independent School District Scholarship Foundation is a registered charity in United States, based in Hidalgo, TX. It received its IRS tax-exemption ruling in April 1999, 27 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 August 2023, Hidalgo Independent School District Scholarship Foundation reported income of $58k and spending of $50k, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $58k to $58k (-0.0%), an average of +-0.0% a year. The sharpest change came in the year to August 2023, when income rose by 90%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hidalgo Independent School District Scholarship Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Eshaat Foundation ($58k), Booth Hill Elementary School PTO ($58k) and Accelerate Language and Learning Foundation ($58k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.