Ector County Isd Education Foundation Inc

Analysis

Ector County Isd Education Foundation Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in July 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, Ector County Isd Education Foundation Inc reported income of $2.1m and spending of $578k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+58%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 213%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ector County Isd Education Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Cary Memorial Library Foundation Inc ($2.1m), Triangle Research Libraries Network ($2.1m) and Jewish Graduate Student Initiative Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $7.4m against liabilities of $0, net assets of $7.4m.