Chinquapin School Endowment Inc

Analysis

Chinquapin School Endowment Inc is a registered charity in United States, based in Highlands, TX. It received its IRS tax-exemption ruling in December 1995, 31 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chinquapin School Endowment Inc reported income of $1.2m and spending of $443k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $640k to $1.2m (+89%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 911%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chinquapin School Endowment Inc 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 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Kevin Coleman Foundation Inc ($1.2m), Metrobethesda Rotary Foundation Inc ($1.2m) and Joan Dancy and Pals Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $10.9m against liabilities of $0, net assets of $10.9m.