Yellowstone Education Foundation

Analysis

Yellowstone Education Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2016, 10 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, Yellowstone Education Foundation reported income of $3.2m and spending of $3.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.2m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Yellowstone Education Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include South Carolina State University Real Estate Foundation Inc ($3.2m), South Scioto Academy ($3.2m) and Lionheart Classical Academy Chartered Public School ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $128k (4.0% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.2m against liabilities of $237k, net assets of $919k. It reported 22 employees.