Dumas Education Foundation Inc

Analysis

Dumas Education Foundation Inc is a registered charity in United States, based in Dumas, TX. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Dumas Education Foundation Inc reported income of $314k and spending of $305k, spending 97% of its income. Across the 5 years on record, from August 2020 to August 2024, income fell from $374k to $314k (-16%), an average of -4.3% a year. The sharpest change came in the year to August 2021, when income dropped by 21%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dumas Education Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Friends of the Los Angeles County Law Library ($314k), Luis & Linda Nieves Family Foundation ($314k) and Patterson School Foundation Inc ($314k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.0m against liabilities of $1,200, net assets of $2.0m. It reported 2 employees.