Texas Association of Developing Colleges

Analysis

Texas Association of Developing Colleges is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 1967, 59 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 June 2024, Texas Association of Developing Colleges reported income of $529k and spending of $593k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $819k to $529k (-35%), an average of -10% a year. The sharpest change came in the year to June 2021, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Association of Developing Colleges sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Summerville High School Athletic Club ($529k), Anchorage Classical Ballet Academy ($529k) and Christiana Home School Academy Inc ($529k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 85% of the total. At year end it held assets of $649k against liabilities of $619k, net assets of $30k. It reported 1 employees.