Spring I S D Education Foundation
Analysis
Spring I S D Education Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 1992, 34 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 2023, Spring I S D Education Foundation reported income of $222k and spending of $163k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $136k to $222k (+64%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 91% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Spring I S D Education Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Steaming Ahead for Success Inc ($222k), The Disc Foundation ($222k) and University at Buffalo Dental Student Association Inc ($222k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% of the total. Other salaries and wages came to $43k. At year end it held assets of $621k against liabilities of $0, net assets of $621k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Other 50%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Steaming Ahead for Success Inc | Silver City | $222k |
| The Disc Foundation | Newport Beach | $222k |
| University at Buffalo Dental Student Association Inc | Buffalo | $222k |
| Cypress Falls Band Boosters | Houston | $222k |