Education Foundation for Waxahachie Independent School District

Analysis

Education Foundation for Waxahachie Independent School District is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in March 2001, 25 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 June 2024, Education Foundation for Waxahachie Independent School District reported income of $450k and spending of $228k, leaving 49% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $213k to $450k (+111%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 188%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Foundation for Waxahachie Independent School District sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Practice After School Program ($450k), Sit Stay Read Inc ($450k) and Ceic Corp ($449k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Other salaries and wages came to $4,571. At year end it held assets of $1.9m against liabilities of $98, net assets of $1.9m. It reported 1 employees.