NTFB - Perot Family Campus

Analysis

NTFB - Perot Family Campus is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, NTFB - Perot Family Campus reported income of $1.4m and spending of $2.1m, spending 144% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 187% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, NTFB - Perot Family Campus sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include True Transitions ($1.4m), Center for Nonprofit Excellence ($1.4m) and Smiles for Life Foundation ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $21.5m against liabilities of $22.9m, net assets of -$1.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.