Tgwa Scholarship Foundation

Analysis

Tgwa Scholarship Foundation is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in November 2018, 8 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, Tgwa Scholarship Foundation reported income of $58k and spending of $34k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $114k to $58k (-49%), an average of -50% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tgwa Scholarship Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Taft Football Family Booster Club Ltd ($58k), Terra Nova High School Booster Club ($58k) and The Awareness Institute ($58k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $404k against liabilities of $0, net assets of $404k.