Charitable Organization for Texas Security Officers

Analysis

Charitable Organization for Texas Security Officers is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 December 2023, Charitable Organization for Texas Security Officers reported income of $86k and spending of $163k, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $86k (+2.0%), an average of +0.5% a year. The sharpest change came in the year to December 2021, when income rose by 211%. Over the whole period it spent 76% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Charitable Organization for Texas Security Officers sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include The Volunteer Fire Company of the Borough of Caldwell Essex County N ($86k), Potter TWP VFD ($86k) and Fowler-Osullivan Foundation ($86k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 1.3% of the total. Other salaries and wages came to $28k. At year end it held assets of $201k against liabilities of $781, net assets of $201k.