Pirouettes of Texas Inc

Analysis

Pirouettes of Texas Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Pirouettes of Texas Inc reported income of $293k and spending of $305k, spending 104% of its income. Across the 4 years on record, from August 2018 to August 2024, income grew from $220k to $293k (+33%), an average of +10% a year. The sharpest change came in the year to August 2023, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Pirouettes of Texas Inc 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 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Nebraska Stealth Fastpitch ($293k), Piedmont Virginia Amateur Softball ($293k) and Handicapped Childrens Camp for Monroe County Inc ($293k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $9,439, net assets of $2,340.