Humble Isd Education Foundation

Analysis

Humble Isd Education Foundation is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in August 1999, 27 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, Humble Isd Education Foundation reported income of $2.4m and spending of $2.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $2.4m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Humble Isd Education Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Faculty Student Assoc of Cayuga County Community College ($2.4m), Stone Independent School ($2.4m) and Agape Development Ministries ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 60% of the total. Other salaries and wages came to $151k. At year end it held assets of $2.9m against liabilities of $39k, net assets of $2.8m.