Education Foundation of Canyon Isd

Analysis

Education Foundation of Canyon Isd is a registered charity in United States, based in Canyon, TX. It received its IRS tax-exemption ruling in March 2000, 26 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 August 2023, Education Foundation of Canyon Isd reported income of $110k and spending of $110k, spending 100% of its income. Across the 3 years on record, from August 2021 to August 2023, income fell from $180k to $110k (-39%), an average of -22% a year. The sharpest change came in the year to August 2022, when income dropped by 39%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Foundation of Canyon Isd sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Portland Boathouse ($110k), Alpha Aviation Mission Outreach Center Inc ($110k) and Holy Cross Family Learning Center ($110k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $27k. At year end it held assets of $514k against liabilities of $0, net assets of $514k. It reported 1 employees.