Foundation for Better Education

Analysis

Foundation for Better Education is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Foundation for Better Education reported income of $84k and spending of $98k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $195k to $84k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Foundation for Better Education sits at the 30th percentile: it is larger than about 30% 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 Hoshyar Foundation ($84k), Heart Smiles Inc ($84k) and Educate the Children ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.5% of the total. At year end it held assets of $78k against liabilities of $131, net assets of $78k.