North Texas Higher Education Authority Inc

Analysis

North Texas Higher Education Authority Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in February 1973, 53 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, North Texas Higher Education Authority Inc reported income of $53.8m and spending of $46.1m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $42.1m to $53.8m (+28%), an average of +6.3% a year. The sharpest change came in the year to August 2023, when income rose by 99%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Texas Higher Education Authority Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Springside Chestnut Hill Academy ($53.7m), Miami Dade College Foundation Inc ($53.8m) and Baker Hall ($53.6m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $866.2m against liabilities of $655.1m, net assets of $211.1m.