San Angelo Schools Foundation

Analysis

San Angelo Schools Foundation is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in September 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, San Angelo Schools Foundation reported income of $120k and spending of $121k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $120k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Angelo Schools Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include University Properties Inc ($120k), Cortlandt Engine Company ($120k) and Duffy Liturgical Dance Ensemble ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 115% of the total. At year end it held assets of $39k against liabilities of $153, net assets of $39k.