Wylie Community Association Inc

Analysis

Wylie Community Association Inc is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in April 2000, 26 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 May 2023, Wylie Community Association Inc reported income of $194k and spending of $154k, leaving 21% of income unspent that year. Across the 2 years on record, from May 2022 to May 2023, income grew from $114k to $194k (+71%), an average of +71% a year. The sharpest change came in the year to May 2023, when income rose by 71%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wylie Community Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Cardinal Educational Foundation Inc ($194k), Doyce H Deas Foundation ($194k) and Entrepreneurs Organization ($194k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 7.2% and program service revenue 88% of the total. At year end it held assets of $166k against liabilities of $0, net assets of $166k.