Spring Branch Education Foundation

Analysis

Spring Branch Education Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 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 2023, Spring Branch Education Foundation reported income of $4.4m and spending of $4.7m, spending 108% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $2.2m to $4.4m (+99%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 93%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Branch Education Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include American Paradigm Schools ($4.4m), New Mexico Military Institute Foundation Inc ($4.4m) and Morning Star Christian School ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $115k (2.5% of expenses). At year end it held assets of $4.7m against liabilities of $539k, net assets of $4.2m. It reported 1 employees.