Midway Isd Education Foundation

Analysis

Midway Isd Education Foundation is a registered charity in United States, based in Woodway, TX. It received its IRS tax-exemption ruling in April 2000, 26 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 December 2023, Midway Isd Education Foundation reported income of $435k and spending of $256k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $435k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midway Isd Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Parkland School District Education Foundation ($435k), Fun Learning Place Corporation ($435k) and New Trier Township High School District 203 Educational Foundatio ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $27k. At year end it held assets of $3.7m against liabilities of $130k, net assets of $3.6m. It reported 2 employees.