Plains Trail Region of Texas Inc
Analysis
Plains Trail Region of Texas Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Plains Trail Region of Texas Inc reported income of $102k and spending of $103k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $105k to $102k (-2.1%), an average of -2.1% a year. Over the whole period it spent 97% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plains Trail Region of Texas Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include South Baldwin Museum Foundaton Inc ($102k), Groundwork Music Project Inc ($102k) and Laurel Music Camp Inc ($102k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 20%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| South Baldwin Museum Foundaton Inc | Foley | $102k |
| Groundwork Music Project Inc | Austin | $102k |
| Laurel Music Camp Inc | Torrington | $102k |
| Connexus Performing Arts Association Inc | Delaware | $102k |