Tatum Education Foundation Inc

Analysis

Tatum Education Foundation Inc is a registered charity in United States, based in Tatum, TX. It received its IRS tax-exemption ruling in April 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 December 2023, Tatum Education Foundation Inc reported income of $65k and spending of $67k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $146k to $65k (-55%), an average of -18% a year. The sharpest change came in the year to December 2022, when income rose by 192%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tatum Education Foundation Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include The Patrons of the Arts in the Vatican Museums ($65k), Real I M P a C T Center Inc ($65k) and Edison Academy PTO ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.