Texas Academy of Science Inc

Analysis

Texas Academy of Science Inc is a registered charity in United States, based in Troy, TX. It received its IRS tax-exemption ruling in November 1958, 68 years ago. 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, Texas Academy of Science Inc reported income of $74k and spending of $91k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $74k (-3.7%), an average of -3.7% a year. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Academy of Science Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Directors Invitational Ski Classic Inc ($74k), Little League Baseball Inc ($74k) and PTA Florida Congress ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.