Texas Association of Community Action Agencies Inc

Analysis

Texas Association of Community Action Agencies Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Texas Association of Community Action Agencies Inc reported income of $4.0m and spending of $4.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.3m to $4.0m (-6.8%), an average of -1.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Association of Community Action Agencies Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Love Columbia Corp ($4.0m), Friends of Yashar Lachayal Inc ($4.0m) and Out of the Garden Project ($4.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 4.0% of the total. Compensation of current officers, directors and key employees was $165k (4.1% of expenses). Other salaries and wages came to $89k. At year end it held assets of $2.6m against liabilities of $20k, net assets of $2.6m. It reported 3 employees.