Hurst-Euless-Bedford Isd Education Foundation

Analysis

Hurst-Euless-Bedford Isd Education Foundation is a registered charity in United States, based in Beford, TX. It received its IRS tax-exemption ruling in February 1995, 31 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 May 2024, Hurst-Euless-Bedford Isd Education Foundation reported income of $306k and spending of $259k, spending 85% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $281k to $306k (+9.2%), an average of +1.8% a year. The sharpest change came in the year to May 2024, when income rose by 74%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hurst-Euless-Bedford Isd Education Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Giving Brands ($306k), Orthodox Volunteer Corps ($307k) and San Jose Chamber of Commerce Community Benefit Foundation ($306k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.