Public Charity

PORT ARTHUR HIGHER EDUCATION FOUNDATION INC

PORT ARTHUR HIGHER EDUCATION FOUNDATION INC is a Public Charity headquartered in PORT ARTHUR, TX. Financial data from the 2025 filing: $1.1M revenue, $464K expenses, $10.2M total assets. 1 publicly reported grants to this organization, totaling roughly $10K, appear in IRS filings.

EIN: 237272448 PORT ARTHUR, TX Higher Education NTEE: B40 Latest filing: 2025
Total Revenue$1.1M
Total Expenses$464K
Total Assets$10.2M
Grant Records1
Funding Total$10K
Filing Years2021–2025

Mission

TO PROVIDE SCHOLARSHIPS TO STUDENTS AND SUPPORT LAMAR STATE COLLEGE - PORT ARTHUR

Where $100 goes at Port Arthur Higher Education Foundation Inc

How Port Arthur Higher Education Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$87 Programs the work itself
$13 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $87 for programs

$86
Providing to lamar state college
98% of program spending
$1
Providing grants and other assistance to organizations
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2019
COVID-19 EMERGENCY AID
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Allison Verret Wright
DIRECTOR A Morris Albright
DIRECTOR Bill Worsham
CHAIRMAN OF Ed Boone
DIRECTOR Elizabeth Cravens
DIRECTOR Gary Parsley

Officer compensation and complete director data available with membership.

Top Grant Purposes

Health & Medicine
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $464K $10.2M
2024 $1.3M $349K $8.8M
2023 $298K $341K $8.0M
2022 $590K $373K $7.8M
2021 $1.3M $438K $7.9M

Between 2021 and 2025, reported annual revenue declined from $1.3M to $1.1M (-12%), with total assets most recently reported at $10.2M.

Interactive year-over-year charts and full filing details available with membership.

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