Texas Foreign Language Association

Analysis

Texas Foreign Language Association is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Texas Foreign Language Association reported income of $110k and spending of $156k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $110k (-9.0%), an average of -9.0% a year. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Foreign Language Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Charm School Project for Girls ($110k), Birthright of Georgetown Inc ($110k) and Dance Initiative Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 84% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.