The Ethel Hedgemon Lyle Foundation of Texas

Analysis

The Ethel Hedgemon Lyle Foundation of Texas is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Ethel Hedgemon Lyle Foundation of Texas reported income of $102k and spending of $73k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $63k to $102k (+63%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Ethel Hedgemon Lyle Foundation of Texas sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Southwestern Division of the International Association of Fire ($102k), The Gardiner Foundation ($102k) and Chi Am Circle Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 41% of the total. At year end it held assets of $154k against liabilities of $0, net assets of $154k.