Texas Lyceum Association Inc

Analysis

Texas Lyceum Association Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 2022, Texas Lyceum Association Inc reported income of $883k and spending of $742k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $578k to $883k (+53%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Lyceum Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Legion of Good Will ($883k), Big Brothers Big Sisters of Cumberland & Salem Counties Inc ($883k) and Community Christian School Society of Pease Minnesota ($883k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 12% of the total. At year end it held assets of $1.6m against liabilities of $95k, net assets of $1.5m.