Arlington I S D Education Foundation

Analysis

Arlington I S D Education Foundation is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in December 1994, 32 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 June 2021, Arlington I S D Education Foundation reported income of $560k and spending of $335k, leaving 40% of income unspent that year. Across the 3 years on record, from June 2019 to June 2021, income fell from $576k to $560k (-2.8%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Arlington I S D Education Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include A C E of Southwest Minnesota ($560k), John B & Dareth Gerlach Foundation ($560k) and A Better Jamaica Inc ($560k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $17k. At year end it held assets of $1.7m against liabilities of $1,005, net assets of $1.7m. It reported 2 employees.