Rio Grande Valley Chapter of the Tscpa Education Foundation

Analysis

Rio Grande Valley Chapter of the Tscpa Education Foundation is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in October 1986, 40 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 May 2024, Rio Grande Valley Chapter of the Tscpa Education Foundation reported income of $66k and spending of $50k, leaving 25% of income unspent that year. Across the 3 years on record, from May 2022 to May 2024, income grew from $43k to $66k (+52%), an average of +23% a year. The sharpest change came in the year to May 2024, when income rose by 27%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rio Grande Valley Chapter of the Tscpa Education Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Sunshine Recovery House ($66k), Wolverine State Missionary Baptist Convention Inc ($66k) and The Heritage Singers ($66k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 81% of the total. At year end it held assets of $24k against liabilities of $8,732, net assets of $16k.