West Texas a & M University Foundation

Analysis

West Texas a & M University Foundation is a registered charity in United States, based in Canyon, TX. It received its IRS tax-exemption ruling in June 1963, 63 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, West Texas a & M University Foundation reported income of $21.6m and spending of $6.0m, leaving 72% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $11.8m to $21.6m (+82%), an average of +16% a year. The sharpest change came in the year to August 2021, when income rose by 139%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, West Texas a & M University Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Stargate Charter School ($21.6m), Medical Learning Institute Inc ($21.6m) and Bernard Zell Anshe Emet Day School ($21.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $149.9m against liabilities of $41k, net assets of $149.9m.