Duncanville I S D Education Foundation Inc

Analysis

Duncanville I S D Education Foundation Inc is a registered charity in United States, based in Duncanville, TX. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2022, Duncanville I S D Education Foundation Inc reported income of $62k and spending of $116k, spending 187% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $198k to $62k (-69%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 129% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Duncanville I S D Education Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include The Escalera Foundation ($62k), Friends of the Stanislaus County Fair Foundation a California Non-P ($62k) and Sertoma Inc ($62k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% of the total. At year end it held assets of $393k against liabilities of -$515, net assets of $394k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.