Weatherford College Foundation Inc

Analysis

Weatherford College Foundation Inc is a registered charity in United States, based in Weatherford, TX. It received its IRS tax-exemption ruling in October 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, Weatherford College Foundation Inc reported income of $781k and spending of $832k, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $878k to $781k (-11%), an average of -2.9% a year. The sharpest change came in the year to August 2020, when income rose by 86%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weatherford College Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Charter School Financing Partnership LLC ($781k), Jones County Partnership for Children ($781k) and Changing Lives Academy Inc ($781k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $11.4m against liabilities of $4,637, net assets of $11.4m.