Fort Worth Education Partnership Inc

Analysis

Fort Worth Education Partnership Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 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, Fort Worth Education Partnership Inc reported income of $10.9m and spending of $4.3m, leaving 60% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $3.7m to $10.9m (+191%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 275%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fort Worth Education Partnership Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Pursuit Transformation Company Inc ($10.9m), Royal Live Oaks Academy-Ridgeland ($10.9m) and Ferguson Library ($10.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $278k (6.4% of expenses). Other salaries and wages came to $946k. At year end it held assets of $12.4m against liabilities of $66k, net assets of $12.3m. It reported 12 employees.