Texas Association for College Admission Counseling Inc

Analysis

Texas Association for College Admission Counseling Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in December 1991, 35 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 for College Admission Counseling Inc reported income of $362k and spending of $423k, spending 117% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $385k to $362k (-5.9%), an average of -1.5% a year. The sharpest change came in the year to August 2021, when income rose by 166%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Association for College Admission Counseling Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Booker Promise Foundation Inc ($362k), Holy Cross Education Foundation ($362k) and Maryland Pesticide Education Network Inc ($362k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 17% and program service revenue 71% of the total. Other salaries and wages came to $58k. At year end it held assets of $919k against liabilities of $0, net assets of $919k. It reported 1 employees.