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Fact Institute Inc

RegisteredEIN 84-2615567San Antonio, TXEducation and training
Income$119k2023-12
Spending$125ksame year
Spent / received100%2-year average
Size in its cause43rd pctEducation and training
Exempt since2020School
Employees–latest return

Analysis

Fact Institute Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fact Institute Inc reported income of $119k and spending of $125k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $119k (-1.8%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fact Institute Inc 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 Arkansas Baptist College Foundation ($119k), Woodgrove Music and Arts Association ($119k) and New England Narcotic Enforcement Officers Association Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 85% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.

Income and spending

$0$31k$63k$94k$125k2022 Income: $120,8232022 Spending: $113,36220222023 Income: $118,6512023 Spending: $125,0602023
IncomeSpending

Where the income comes from

  • Contributions & grants 14%
  • Program services 85%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Arkansas Baptist College FoundationLittle Rock$119k
Woodgrove Music and Arts AssociationPurcellville$119k
New England Narcotic Enforcement Officers Association IncFramingham$119k
Big Green Booster ClubBeaufort$119k