Tarrant County Education Foundation

Analysis

Tarrant County Education Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 2021, 5 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 2022, Tarrant County Education Foundation reported income of $73k and spending of $65k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $24k to $73k (+203%), an average of +202% a year. The sharpest change came in the year to December 2022, when income rose by 203%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tarrant County Education Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Nica Foundation Inc ($73k), McMillen High School Band Boosters ($73k) and The Foundation of Bonita Naples Rotary Club Inc ($73k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 55% of the total. At year end it held assets of $39k against liabilities of $7,100, net assets of $32k.