Texas Institute for Education & Economic Revitalization Inc

Analysis

Texas Institute for Education & Economic Revitalization Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Institute for Education & Economic Revitalization Inc reported income of $138k and spending of $96k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $138k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Institute for Education & Economic Revitalization Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Perry Meridian Falcon Boosters Inc ($138k), Central Crossing High School Band Boosters ($138k) and Frederick East Classical ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.