Texas Premier Technology Institute Inc

Analysis

Texas Premier Technology Institute Inc is a registered charity in United States, based in Addison, TX. It received its IRS tax-exemption ruling in June 2016, 10 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 December 2022, Texas Premier Technology Institute Inc reported income of $491k and spending of $502k, spending 102% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $596k to $491k (-18%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Premier Technology Institute Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Northern California Laborers Scholarship Foundation ($491k), Chesterton Academy of St Marys Inc ($491k) and Brazil in Flames Apostolic Mission Inc ($491k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $244k against liabilities of $0, net assets of $244k.