The George and Barbara Bush Foundation

Analysis

The George and Barbara Bush Foundation is a registered charity in United States, based in College Sta, TX. It received its IRS tax-exemption ruling in September 1991, 35 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, The George and Barbara Bush Foundation reported income of $12.8m and spending of $8.7m, leaving 32% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $7.8m to $12.8m (+65%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The George and Barbara Bush Foundation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Fort Lewis College Foundation ($12.8m), Carpenters Joint Training Fund of St Louis ($12.8m) and American Educational Research Association ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $619k (7.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $131.2m against liabilities of $57.1m, net assets of $74.1m. It reported 40 employees.