Education Focused Foundation

Analysis

Education Focused Foundation is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Education Focused Foundation reported income of $84k and spending of $66k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $67k to $84k (+25%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Education Focused Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Mike Gallagher Show Charitable Foundation ($84k), Apco Employees Cu Share the Care Foundation Inc ($84k) and Co-Ette Club ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.