Texas Foundation for Education Rights Inc

Analysis

Texas Foundation for Education Rights Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 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, Texas Foundation for Education Rights Inc reported income of $345k and spending of $249k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $285k to $345k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Foundation for Education Rights Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Life College ($345k), Texas for Excellence in Education Inc ($345k) and Geneseo Endowment for Excellence ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $314k against liabilities of $370, net assets of $314k.