New Caney Isd Education Foundation Inc
Analysis
New Caney Isd Education Foundation Inc is a registered charity in United States, based in New Caney, TX. It received its IRS tax-exemption ruling in December 2024, 2 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 August 2023, New Caney Isd Education Foundation Inc reported income of $113k and spending of $96k, spending 85% of its income. Across the 5 years on record, from December 2019 to August 2023, income grew from $77k to $113k (+48%), an average of +10% a year. The sharpest change came in the year to August 2021, when income rose by 297%. Over the whole period it spent 59% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, New Caney Isd Education Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Investnest Inc ($113k), Richland Elementary Parent Teachers Organization Inc ($113k) and Sound Business Inc ($113k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $304k against liabilities of $422, net assets of $304k.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Other 44%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Investnest Inc | Heber City | $113k |
| Richland Elementary Parent Teachers Organization Inc | Memphis | $113k |
| Sound Business Inc | Newtown | $113k |
| Community Friends of Ics Foundation Inc | Holly Springs | $113k |