Intercollegiate Press Association of Texas

Analysis

Intercollegiate Press Association of Texas is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in May 2007, 19 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 December 2023, Intercollegiate Press Association of Texas reported income of $100k and spending of $90k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $100k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Intercollegiate Press Association of Texas sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Louisiana Library Association ($100k), Kenmore East Music Boosters ($100k) and Ocean Road School Parent Teacher Association ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 59% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.