Foundation for School for Young Children at Univ of Saint Thomas

Analysis

Foundation for School for Young Children at Univ of Saint Thomas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Foundation for School for Young Children at Univ of Saint Thomas reported income of $849k and spending of $644k, leaving 24% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $786k to $849k (+8.0%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 35%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for School for Young Children at Univ of Saint Thomas sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Deering Estate Foundation Inc ($849k), Hillel the Foundation for Jewish Campus Life ($849k) and Broughton Volunteer Fire Department ($849k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 80% of the total. Other salaries and wages came to $388k. It paid $36k in professional fundraising fees. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m. It reported 10 employees.