Texas Trio Association

Analysis

Texas Trio Association is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in April 1978, 48 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 2023, Texas Trio Association reported income of $253k and spending of $260k, spending 103% of its income. Across the 5 years on record, from February 2019 to February 2023, income grew from $145k to $253k (+74%), an average of +15% a year. The sharpest change came in the year to February 2023, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Trio Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Forever Kids ($253k), Dubuque Areas Labor Harvest ($253k) and Volunteers or America Inc ($253k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. At year end it held assets of $213k against liabilities of $100k, net assets of $114k.