Private Schools Interscholastic Association Incorporated

Analysis

Private Schools Interscholastic Association Incorporated is a registered charity in United States, based in Lampasas, TX. It received its IRS tax-exemption ruling in January 1998, 28 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, Private Schools Interscholastic Association Incorporated reported income of $217k and spending of $226k, spending 104% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $250k to $217k (-13%), an average of -6.7% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Private Schools Interscholastic Association Incorporated sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Greenwood Preservation Society ($217k), Cabot Panther Foundation Inc ($217k) and Mindful Birthing & Parenting Foundation ($217k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $140k (62% of expenses). Other salaries and wages came to $600. At year end it held assets of $151k against liabilities of -$1,643, net assets of $152k. It reported 3 employees.

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.