Texarkana Special Education Center Inc

Analysis

Texarkana Special Education Center Inc is a registered charity in United States, based in Texarkana, TX. It received its IRS tax-exemption ruling in September 1966, 60 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Texarkana Special Education Center Inc reported income of $5.9m and spending of $5.8m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $5.9m (+4.0%), an average of +1.0% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texarkana Special Education Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include New Mexico Veterans Integration Centers ($5.9m), The Elwyn Foundation ($5.9m) and Wesley Heights Inc ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $318k (5.5% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $11.2m against liabilities of $462k, net assets of $10.7m. It reported 161 employees.