Tarrant County College Foundation

Analysis

Tarrant County College Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Tarrant County College Foundation reported income of $1.9m and spending of $1.5m, leaving 20% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income fell from $3.3m to $1.9m (-44%), an average of -14% a year. The sharpest change came in the year to August 2023, when income dropped by 31%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tarrant County College Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include United Way of Addison County Inc ($1.9m), National Association of Charitable Gift Planners Inc ($1.9m) and Houston Health Foundation ($1.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $32.8m against liabilities of $16.3m, net assets of $16.4m.