Texas Association of Student Financial Aid Administrators Inc

Analysis

Texas Association of Student Financial Aid Administrators Inc is a registered charity in United States, based in Idalou, TX. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 October 2023, Texas Association of Student Financial Aid Administrators Inc reported income of $367k and spending of $362k, spending 99% of its income. Across the 4 years on record, from October 2019 to October 2023, income grew from $232k to $367k (+58%), an average of +16% a year. The sharpest change came in the year to October 2023, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Texas Association of Student Financial Aid Administrators Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Friends of Parkside ($367k), This Mission ($367k) and Blossom Sustainable Development ($367k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.4% and program service revenue 91% of the total. At year end it held assets of $695k against liabilities of $0, net assets of $695k.