Ellis County Art Association Inc

Analysis

Ellis County Art Association Inc is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in March 1982, 44 years ago. 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 December 2023, Ellis County Art Association Inc reported income of $85k and spending of $83k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $85k (+110%), an average of +110% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 143% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ellis County Art Association Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within TX. Charities of a similar size with the same main cause include Miss Delaware Scholarship Program Inc ($85k), Bethel Library Association ($85k) and The Real Stepchild Radio of Cincinnati One ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.