Texas County Technical Institute

Analysis

Texas County Technical Institute is a registered charity in United States, based in Bolivar, MO. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Texas County Technical Institute reported income of $2.7m and spending of $2.9m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.0m to $2.7m (-9.6%), an average of -2.5% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas County Technical Institute sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Envisioneers Inc ($2.7m), Arundel Christian School Inc ($2.7m) and South Dallas Community School ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $456k (16% of expenses). Other salaries and wages came to $808k. At year end it held assets of $2.8m against liabilities of $865k, net assets of $2.0m. It reported 45 employees.