Texas State Alumni Association

Analysis

Texas State Alumni Association is a registered charity in United States, based in San Marcos, TX. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas State Alumni Association reported income of $392k and spending of $337k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $761k to $392k (-49%), an average of -15% a year. The sharpest change came in the year to December 2023, when income rose by 121%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas State Alumni Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Washington Urban Debate League ($392k), Nobelity Project ($392k) and Texas Leadership Center ($392k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $11k. At year end it held assets of $3.1m against liabilities of $118k, net assets of $3.0m.