Texas Aggie Band Association
Analysis
Texas Aggie Band Association is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in August 1992, 34 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 December 2023, Texas Aggie Band Association reported income of $113k and spending of $126k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $113k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 109% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Aggie Band Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Halifax County Little Theater Inc ($113k), St Helens Booster Club Inc ($113k) and Labs for Liberty ($113k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Halifax County Little Theater Inc | South Boston | $113k |
| St Helens Booster Club Inc | Saint Helens | $113k |
| Labs for Liberty | Morgan | $113k |
| Greater Altoona Economic Development Corporation | Altoona | $113k |