Tyler Junior College Foundation

Analysis

Tyler Junior College Foundation is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in March 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Tyler Junior College Foundation reported income of $6.8m and spending of $6.0m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $20.7m to $6.8m (-67%), an average of -24% a year. The sharpest change came in the year to August 2020, when income dropped by 67%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tyler Junior College Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Hope Academy Charter School ($6.8m), Francis Marion University Education Foundation ($6.8m) and Glenwood Academy ($6.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $97.2m against liabilities of $4.5m, net assets of $92.7m.