New Home School Foundation

Analysis

New Home School Foundation is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in January 2020, 6 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, New Home School Foundation reported income of $116k and spending of $54k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $116k (-6.8%), an average of -6.8% a year. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Home School Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Little Munchkins Ministries Inc ($116k), Strawn Independent School District Education Foundation ($116k) and Brighton PTA ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.