Texas Association for the Gifted and Talented

Analysis

Texas Association for the Gifted and Talented is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1978, 48 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 June 2024, Texas Association for the Gifted and Talented reported income of $1.2m and spending of $1.2m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.2m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 34%. 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 Gifted and Talented sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Argosy Collegiate Charter School Foundation ($1.2m), Wisconsin Procurement Institute Education & Training Services Inc ($1.2m) and Central and Eastern European Schools Association Inc ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 85% of the total. At year end it held assets of $2.2m against liabilities of $58k, net assets of $2.2m.