Texas Color Guard Circuit

Analysis

Texas Color Guard Circuit is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Texas Color Guard Circuit reported income of $683k and spending of $571k, spending 84% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $342k to $683k (+100%), an average of +19% a year. The sharpest change came in the year to May 2022, when income rose by 158%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Color Guard Circuit sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include National Society of the Daughters of the American Revolution ($682k), Chamber Music San Francisco ($683k) and Music for Everyone ($682k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 39% and program service revenue 59% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.