Tomball Scholarship Foundation TSF

Analysis

Tomball Scholarship Foundation TSF is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in May 1993, 33 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 June 2024, Tomball Scholarship Foundation TSF reported income of $79k and spending of $37k, leaving 53% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $29k to $79k (+175%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 50%. 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, Tomball Scholarship Foundation TSF sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Main Street Wauchula Inc ($79k), Copeland Elementary PTO Inc ($79k) and Gerald R Ford Elementary School Ptoinc ($79k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% of the total. At year end it held assets of $649k against liabilities of $0, net assets of $649k.