Bowie Educational Foundation

Analysis

Bowie Educational Foundation is a registered charity in United States, based in Bowie, TX. It received its IRS tax-exemption ruling in September 1986, 40 years ago. 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, Bowie Educational Foundation reported income of $95k and spending of $57k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $95k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bowie Educational Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within TX. Charities of a similar size with the same main cause include Rutc of Ne America Inc ($95k), Lawrence County Historical Society ($95k) and Pop Warner Little Scholars Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.