Texas School Venture Fund

Analysis

Texas School Venture Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2017, 9 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, Texas School Venture Fund reported income of $269k and spending of $256k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $357k to $269k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas School Venture Fund sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include High Desert Living Arts Center ($269k), L S U Track & Field Officials Association ($269k) and Shero S Rise Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 54% of the total. At year end it held assets of $606k against liabilities of $122k, net assets of $484k.