Alvin I S D Education Foundation Inc

Analysis

Alvin I S D Education Foundation Inc is a registered charity in United States, based in Alvin, TX. It received its IRS tax-exemption ruling in September 1998, 28 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 December 2023, Alvin I S D Education Foundation Inc reported income of $649k and spending of $469k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $649k (+81%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Alvin I S D Education Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Queen Esther Fund Inc ($649k), Lawyers for Children America Inc ($649k) and Tirbracken Green Foundation Inc ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. Compensation of current officers, directors and key employees was $72k (15% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 1 employees.