Angelo State University Foundation Inc

Analysis

Angelo State University Foundation Inc is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in March 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Angelo State University Foundation Inc reported income of $17.4m and spending of $15.2m, spending 87% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $13.1m to $17.4m (+33%), an average of +7.5% a year. The sharpest change came in the year to August 2021, when income rose by 50%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angelo State University Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Manhattan Star Academy ($17.4m), Brite Divinity School ($17.4m) and Alliance for College-Ready Public Schools Facilities Corporation ($17.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $41.5m against liabilities of $7,470, net assets of $41.5m.