Groveton Ex-Students Association

Analysis

Groveton Ex-Students Association is a registered charity in United States, based in Groveton, TX. It received its IRS tax-exemption ruling in July 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2024, Groveton Ex-Students Association reported income of $90k and spending of $76k, spending 84% of its income. Across the 6 years on record, from September 2019 to September 2024, income grew from $76k to $90k (+19%), an average of +3.6% a year. The sharpest change came in the year to September 2022, when income rose by 29%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Groveton Ex-Students Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Ahs Baseball Bullpen Club ($90k), The Home School Academy ($90k) and Education Empowers Inc ($90k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.