Texas Association of School Boards Inc

Analysis

Texas Association of School Boards Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 1984, 42 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 August 2023, Texas Association of School Boards Inc reported income of $91.4m and spending of $86.1m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $75.5m to $91.4m (+21%), an average of +4.9% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Association of School Boards Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Polk County School Readiness Coalition Inc ($91.2m), Dyouville College ($91.5m) and Trevecca Nazarene University ($90.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $3.9m (4.6% of expenses). Other salaries and wages came to $38.7m. At year end it held assets of $95.2m against liabilities of $19.4m, net assets of $75.8m. It reported 570 employees.