Texas Charter Schools Association
Analysis
Texas Charter Schools Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 2009, 17 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 June 2023, Texas Charter Schools Association reported income of $9.1m and spending of $6.1m, leaving 33% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $9.1m (+90%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 77% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Charter Schools Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include William & Mary Business School Foundation ($9.1m), Learning Center of Northeast Arkansas Inc ($9.1m) and Chris-Tex Inc ($9.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $495k (8.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $9.1m against liabilities of $1.8m, net assets of $7.3m. It reported 29 employees.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 53%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| William & Mary Business School Foundation | Williamsburg | $9.1m |
| Learning Center of Northeast Arkansas Inc | Jonesboro | $9.1m |
| Chris-Tex Inc | Cantonment | $9.1m |
| Liguori Academy | Philadelphia | $9.1m |