Texas Fencing Academy Inc

Analysis

Texas Fencing Academy Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Fencing Academy Inc reported income of $249k and spending of $247k, spending 99% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $205k to $249k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Texas Fencing Academy Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Challenge the Outdoors Inc ($249k), Cedar Hills Golf Inc ($249k) and Central Saints Youth Football Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 77% of the total. Other salaries and wages came to $93k. At year end it held assets of $88k against liabilities of $0, net assets of $88k.