Permian Pipeliners Education Foundation

Analysis

Permian Pipeliners Education Foundation is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 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 2023, Permian Pipeliners Education Foundation reported income of $474k and spending of $384k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $295k to $474k (+61%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Permian Pipeliners Education Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Houseccon ($474k), Roy Cloud School Parents Club ($474k) and Salem Community College Foundation ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $287k against liabilities of $0, net assets of $287k.