Grapevine Colleyville Isd Education Foundation Inc

Analysis

Grapevine Colleyville Isd Education Foundation Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in June 1998, 28 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 June 2023, Grapevine Colleyville Isd Education Foundation Inc reported income of $463k and spending of $422k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $435k to $463k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Grapevine Colleyville Isd Education Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include United Way of Danville Area Inc ($463k), Raisedby US Inc ($464k) and Buchanan Area Senior Center ($463k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 7.1% of the total. Compensation of current officers, directors and key employees was $82k (19% of expenses). Other salaries and wages came to $48k. At year end it held assets of $2.5m against liabilities of $173k, net assets of $2.3m. It reported 2 employees.