Texas International Education Consortium

Analysis

Texas International Education Consortium is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Texas International Education Consortium reported income of $5.0m and spending of $4.1m, spending 82% of its income. Across the 6 years on record, from August 2020 to September 2024, income grew from $977k to $5.0m (+409%), an average of +38% a year. The sharpest change came in the year to September 2023, when income rose by 3229%. Over the whole period it spent 80% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Texas International Education Consortium sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Afsnc Inc ($5.0m), Asian Cultural Council Inc ($5.0m) and Ezer Mzion Inc ($4.9m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 8.3% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $692k (17% of expenses). Other salaries and wages came to $557k. At year end it held assets of $21.5m against liabilities of $1.8m, net assets of $19.7m. It reported 12 employees.