Live Oak County Area Go-Texan Inc

Analysis

Live Oak County Area Go-Texan Inc is a registered charity in United States, based in George West, TX. It received its IRS tax-exemption ruling in January 2008, 18 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 December 2023, Live Oak County Area Go-Texan Inc reported income of $132k and spending of $149k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $132k (+6.2%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Live Oak County Area Go-Texan Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Friends of the Edward Ward Carmack Gallatin Public Library ($132k), Gull Island Institute Inc ($132k) and Epochtimes Philadelphia ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $142k against liabilities of $2, net assets of $142k.