Idalou Education Foundation

Analysis

Idalou Education Foundation is a registered charity in United States, based in Idalou, TX. It received its IRS tax-exemption ruling in March 2022, 4 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, Idalou Education Foundation reported income of $185k and spending of $41k, leaving 78% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $109k to $185k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 43% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idalou Education Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Park Hill Parents Day Out ($185k), Healthy Futures Inc ($185k) and Lee County Educational Foundation ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 143% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.