Technology Student Association

Analysis

Technology Student Association is a registered charity in United States, based in Carthage, TX. It received its IRS tax-exemption ruling in July 1980, 46 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 August 2023, Technology Student Association reported income of $507k and spending of $464k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $333k to $507k (+52%), an average of +11% a year. The sharpest change came in the year to August 2023, when income rose by 93%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Technology Student Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Art Center ($507k), Habitat for Humanity Inc ($507k) and Utah Association of Secondary School Principals ($507k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 26% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $91k (20% of expenses). At year end it held assets of $948k against liabilities of $0, net assets of $948k.