Fort Bend I S D Education Foundation

Analysis

Fort Bend I S D Education Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Fort Bend I S D Education Foundation reported income of $1.3m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.5m to $1.3m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Fort Bend I S D Education Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include The Grantmakers of Western Pennsyl Vania ($1.3m), Wissahickon Foundation ($1.3m) and Huntsville Dream Center Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $141k (12% of expenses). Other salaries and wages came to $138k. At year end it held assets of $5.4m against liabilities of $96k, net assets of $5.3m. It reported 10 employees.