Education Service Center Region II of Texas

Analysis

Education Service Center Region II of Texas is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in July 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Education Service Center Region II of Texas reported income of $22.4m and spending of $21.3m, spending 95% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $17.5m to $22.4m (+28%), an average of +6.3% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Service Center Region II of Texas sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Williamson College of the Trades ($22.4m), Renaissance Academy Charter School ($22.4m) and Marine Corps Scholarship Foundation Inc ($22.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 61% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $628k (3.0% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $26.8m against liabilities of $12.4m, net assets of $14.4m. It reported 244 employees.