Greater Texas Services Inc

Analysis

Greater Texas Services Inc is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in December 2024, 2 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 December 2023, Greater Texas Services Inc reported income of $1.9m and spending of $756k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income fell from $3.0m to $1.9m (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Greater Texas Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Mathesar Foundation Inc ($1.9m), George Foundation ($1.9m) and Arcade Innovation Hub LLC ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 85% of the total. Compensation of current officers, directors and key employees was $4,000 (0.5% of expenses). At year end it held assets of $33.8m against liabilities of $5.7m, net assets of $28.2m.