Sabine Pass Independent School District Foundation

Analysis

Sabine Pass Independent School District Foundation is a registered charity in United States, based in Sabine Pass, TX. It received its IRS tax-exemption ruling in July 2019, 7 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 August 2023, Sabine Pass Independent School District Foundation reported income of $707k and spending of $255k, leaving 64% of income unspent that year. Across the 5 years on record, from August 2020 to August 2023, income grew from $291k to $707k (+143%), an average of +25% a year. The sharpest change came in the year to August 2022, when income rose by 129%. Over the whole period it spent 27% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Sabine Pass Independent School District Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Gan Henel Early Learning ($707k), Bettys Childrens Academy ($707k) and Propl ($706k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.