Beth and Horace Stubblefield Learning Center

Analysis

Beth and Horace Stubblefield Learning Center is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Beth and Horace Stubblefield Learning Center reported income of $59k and spending of $20k, leaving 66% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $46k to $59k (+27%), an average of +4.9% a year. The sharpest change came in the year to August 2023, when income rose by 241%. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beth and Horace Stubblefield Learning Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Philip Begonja Memorial Foundation Inc ($59k), Faith of Northwest Houston ($59k) and Institute for Global Education Equality of Opportunity & Prospert ($59k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 57% of the total. At year end it held assets of $720k against liabilities of $0, net assets of $720k.