Texas Shotgun Shootout and Larryratheal Scholarship Association

Analysis

Texas Shotgun Shootout and Larryratheal Scholarship Association is a registered charity in United States, based in Knott, TX. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 April 2024, Texas Shotgun Shootout and Larryratheal Scholarship Association reported income of $299k and spending of $186k, leaving 38% of income unspent that year. Across the 5 years on record, from April 2020 to April 2024, income grew from $266k to $299k (+12%), an average of +3.0% a year. The sharpest change came in the year to April 2022, when income dropped by 100%. 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, Texas Shotgun Shootout and Larryratheal Scholarship Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Free Rein Inc ($299k), Vision International Training and Education Network Inc ($299k) and Parent Booster USA Inc ($299k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.