Kilgore College Foundation Kilgore Texas

Analysis

Kilgore College Foundation Kilgore Texas is a registered charity in United States, based in Kilgore, TX. It received its IRS tax-exemption ruling in May 1996, 30 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 2023, Kilgore College Foundation Kilgore Texas reported income of $2.4m and spending of $1.0m, leaving 58% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income fell from $14.1m to $2.4m (-83%), an average of -44% a year. The sharpest change came in the year to August 2022, when income dropped by 61%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kilgore College Foundation Kilgore Texas sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include River Gate High School ($2.4m), Society for Public Health Education Inc ($2.4m) and Chief Tahgee Elementary Academy Inc ($2.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $24.5m against liabilities of $2,184, net assets of $24.5m.