Henderson Isd Education Foundation Inc

Analysis

Henderson Isd Education Foundation Inc is a registered charity in United States, based in Henderson, TX. It received its IRS tax-exemption ruling in June 1998, 28 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 December 2023, Henderson Isd Education Foundation Inc reported income of $1.5m and spending of $523k, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $1.5m (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 430%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Henderson Isd Education Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Zeta Psi Educational Foundation ($1.5m), Salvation Christian Academy ($1.5m) and Otter Student Union at Csu Monterey Bay ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $9,078 (1.7% of expenses). At year end it held assets of $9.3m against liabilities of $0, net assets of $9.3m.