Expo Center of Taylor County

Analysis

Expo Center of Taylor County is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in October 1975, 51 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 October 2023, Expo Center of Taylor County reported income of $6.0m and spending of $5.9m, spending 98% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $5.7m to $6.0m (+5.2%), an average of +1.3% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Expo Center of Taylor County sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include United Heroes League ($6.0m), Tee Off Fore Life Inc ($6.0m) and National Archery Association of the United States ($6.0m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 15% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $176k (3.0% of expenses). Other salaries and wages came to $896k. At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $910k. It reported 187 employees.