Fund for Teachers a Foundation to Recognize Stimulate and Enhance

Analysis

Fund for Teachers a Foundation to Recognize Stimulate and Enhance is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2001, 25 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 December 2023, Fund for Teachers a Foundation to Recognize Stimulate and Enhance reported income of $2.0m and spending of $3.8m, spending 187% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 207%. Over the whole period it spent 156% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fund for Teachers a Foundation to Recognize Stimulate and Enhance 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 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Northwest Arkansas Community College Foundation Inc ($2.0m), Marlboro Academy Inc ($2.0m) and Trinity Christian Academy of Cape Cod Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. Compensation of current officers, directors and key employees was $692k (18% of expenses). Other salaries and wages came to $313k. At year end it held assets of $17.9m against liabilities of $580k, net assets of $17.4m.