TEXAS TECH FOUNDATION INC
PO BOX 45025, LUBBOCK, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $226,572,047 | $108,030,866 | $1,119,818,623 |
| FY2024 | $92,698,840 | $122,755,625 | $932,988,548 |
| FY2023 | $110,148,278 | $97,007,634 | $885,644,768 |
| FY2022 | $125,336,972 | $96,813,130 | $845,364,700 |
| FY2021 | $55,341,496 | $106,100,356 | $835,633,312 |
| FY2020 | $81,055,486 | $70,211,724 | $711,937,524 |
| FY2019 | $77,596,427 | $65,094,006 | $709,148,166 |
| FY2018 | $73,215,529 | $56,787,838 | $676,758,958 |
| FY2017 | $115,166,933 | $69,053,856 | $647,533,058 |
| FY2016 | $112,911,559 | $61,080,639 | $585,655,950 |
| FY2015 | $41,716,489 | $33,246,775 | $540,826,258 |
| FY2014 | $88,514,740 | $27,389,405 | $553,246,399 |
| FY2013 | $58,451,108 | $38,047,638 | $479,016,631 |
| FY2012 | $36,677,614 | $70,171,950 | $443,939,687 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $206,516,479 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $104,980,026 | 97% |
| Management & general | $2,858,771 | 3% |
| Fundraising | $192,069 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2025.
- Program services accounted for 97% of functional expenses, management & general 3%, and fundraising 0%.
- 97% of functional expenses went to program services in FY2025. That is higher than 96.2% of 236 Education organizations in TX.
- Net assets covered about 124.4 months of expenses at the end of the reporting year. That puts it in the 87th percentile among 4184 Education organizations in TX.
- Total revenue was higher than 99.6% of 4318 Education organizations in TX.
- Total revenue rose from $36,677,614 in FY2012 to $226,572,047 in FY2025, Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 3 of 14 reported years (FY2012, FY2021, FY2024).
- Net assets grew from $443,939,687 to $1,119,818,623 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM.
IRS status
| Ruling year | 1950 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in TX) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- LINDENWOOD EDUCATION SYSTEM — ARLINGTON, TX · $229,713,569
- ST EDWARDS UNIVERSITY — AUSTIN, TX · $184,436,470
- SOUTHWESTERN MEDICAL FOUNDATION — DALLAS, TX · $183,069,250
- UNIVERSITY OF THE INCARNATE WORD — SAN ANTONIO, TX · $285,763,082
- YES PREP PUBLIC SCHOOLS INC — HOUSTON, TX · $299,114,794
- RIVERWALK EDUCATION FOUNDATION INC — SAN ANTONIO, TX · $150,696,334
- RESPONSIVE ED TEXAS — LEWISVILLE, TX · $309,255,338
- UNIVERSITY OF MARY HARDIN-BAYLOR — BELTON, TX · $135,987,428
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.