El Paso Art Association Inc

Analysis

El Paso Art Association Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in December 1963, 63 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, El Paso Art Association Inc reported income of $108k and spending of $107k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $108k (+7.8%), an average of +7.8% a year. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, El Paso Art Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include PTA Texas Congress ($108k), Bullard Community Library Inc ($108k) and Bainbridge Island Friends of the Library ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 70% of the total. At year end it held assets of $57k against liabilities of $25k, net assets of $32k.