The Education Foundation of Harris County

Analysis

The Education Foundation of Harris County is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 1994, 32 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 August 2023, The Education Foundation of Harris County reported income of $1.1m and spending of $801k, leaving 27% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $221k to $1.1m (+397%), an average of +49% a year. The sharpest change came in the year to August 2022, when income rose by 2585%. 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, The Education Foundation of Harris County sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Dale Jr Foundation ($1.1m), Artz-White Foundation ($1.1m) and Lebanon Community Hospital Foundation Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $811k against liabilities of $33k, net assets of $778k.