Texas Association for the Education of Young Children

Analysis

Texas Association for the Education of Young Children is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2015, 11 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 May 2023, Texas Association for the Education of Young Children reported income of $5.3m and spending of $5.0m, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.0m to $5.3m (+164%), an average of +28% a year. The sharpest change came in the year to May 2023, when income rose by 84%. Over the whole period it spent 97% 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 the Education of Young Children sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Headquarters of National Sales Network of African American Sales ($5.3m), Election Center ($5.3m) and Generations College Inc ($5.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $207k (4.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.1m against liabilities of $407k, net assets of $723k. It reported 29 employees.