Pilot Point Educational Foundation Inc

Analysis

Pilot Point Educational Foundation Inc is a registered charity in United States, based in Pilot Point, TX. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Pilot Point Educational Foundation Inc reported income of $87k and spending of $34k, leaving 61% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $16k to $87k (+458%), an average of +77% a year. The sharpest change came in the year to May 2023, when income rose by 160%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pilot Point Educational Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include MCHS Dance Booster Club Inc ($87k), Scholarship Opportunities for Success ($87k) and Okayso ($87k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% of the total. At year end it held assets of $549k against liabilities of $0, net assets of $549k.