Mesquite Isd Education Foundation Inc

Analysis

Mesquite Isd Education Foundation Inc is a registered charity in United States, based in Mesquite, TX. It received its IRS tax-exemption ruling in July 2005, 21 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 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 2024, Mesquite Isd Education Foundation Inc reported income of $515k and spending of $474k, spending 92% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $478k to $515k (+7.7%), an average of +1.5% a year. The sharpest change came in the year to August 2020, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Mesquite Isd Education Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include John 14-2 Foundation ($515k), Desert States Charitable Foundation ($515k) and Methodist Foundation of Santa Monic ($515k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.