Texas Numismatic Association Inc

Analysis

Texas Numismatic Association Inc is a registered charity in United States, based in Keller, TX. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 February 2024, Texas Numismatic Association Inc reported income of $171k and spending of $61k, leaving 64% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income grew from $68k to $171k (+152%), an average of +152% a year. The sharpest change came in the year to February 2024, when income rose by 152%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Numismatic Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Hispanic American Police Command Officers Association ($171k), Trustees of the Smith Charities ($171k) and Peoria Area Civic Chorale ($171k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 8.4% and program service revenue 21% of the total. At year end it held assets of $387k against liabilities of $0, net assets of $387k.