Metroplex Tamil Academy

Analysis

Metroplex Tamil Academy is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in March 2019, 7 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 2023, Metroplex Tamil Academy reported income of $294k and spending of $240k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $294k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Metroplex Tamil Academy sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Childrens Academy at Boise First Community Center Inc ($294k), Princeton High School Foundation ($294k) and California Educational Research Association ($294k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.