Texas Programs for Alternative Education

Analysis

Texas Programs for Alternative Education is a registered charity in United States, based in Farmers BRNCH, TX. It received its IRS tax-exemption ruling in April 2016, 10 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 2020, Texas Programs for Alternative Education reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 2 years on record, from June 2019 to June 2020, income grew from $602k to $1.2m (+92%), an average of +92% a year. The sharpest change came in the year to June 2020, when income rose by 92%. 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 Programs for Alternative Education sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include East Martin Christian School ($1.2m), Ridge View Academy ($1.2m) and Growing Inland Achievement ($1.2m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 6.5% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $52k (4.9% of expenses). Other salaries and wages came to $485k. At year end it held assets of $401k against liabilities of $305k, net assets of $95k. It reported 28 employees.