Midlothian Isd Education Foundation

Analysis

Midlothian Isd Education Foundation is a registered charity in United States, based in Midlothian, TX. It received its IRS tax-exemption ruling in July 2004, 22 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, Midlothian Isd Education Foundation reported income of $69k and spending of $51k, leaving 26% of income unspent that year. Across the 2 years on record, from June 2023 to December 2023, income fell from $250k to $69k (-73%), an average of -73% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Midlothian Isd Education Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include District 200 Education Foundation ($69k), Crossroads Academy ($69k) and David & Dovetta Wilson Scholarship Fund ($69k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.5% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.