Texas Christian Educational Foundation Inc

Analysis

Texas Christian Educational Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 1990, 36 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 July 2023, Texas Christian Educational Foundation Inc reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.7m to $1.5m (-8.9%), an average of -2.3% a year. The sharpest change came in the year to July 2021, when income rose by 19%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Christian Educational Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Lithuanian World Center ($1.5m), North Texas Solutions for Recovery Inc ($1.5m) and Seniors Rising Homes Inc ($1.5m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $214k (16% of expenses). At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m. It reported 20 employees.