Western Texas College Foundation

Analysis

Western Texas College Foundation is a registered charity in United States, based in Snyder, TX. It received its IRS tax-exemption ruling in February 1982, 44 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, Western Texas College Foundation reported income of $227k and spending of $132k, leaving 42% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $309k to $227k (-27%), an average of -7.5% a year. The sharpest change came in the year to August 2021, when income rose by 143%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Western Texas College Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Westerville South Athletic Booster Association Inc ($227k), Isd 883 Education Foundation ($227k) and Oregon Preschool Inc ($227k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $5.7m against liabilities of $0, net assets of $5.7m.