P16plus Council of Greater Bexar County Foundation Inc

Analysis

P16plus Council of Greater Bexar County Foundation Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 2009, 17 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, P16plus Council of Greater Bexar County Foundation Inc reported income of $52.1m and spending of $3.7m, leaving 93% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $52.1m (+2505%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 1902%. Over the whole period it spent 23% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, P16plus Council of Greater Bexar County Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Mars Hill University ($52.0m), Leman Academy of Excellence Inc ($52.3m) and Zeta Charter Schools - New York City ($52.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (4.5% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $52.9m against liabilities of $40k, net assets of $52.9m. It reported 26 employees.