Caprock Cultural Association Inc

Analysis

Caprock Cultural Association Inc is a registered charity in United States, based in Post, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2024, Caprock Cultural Association Inc reported income of $54k and spending of $73k, spending 134% of what it took in. Across the 3 years on record, from August 2020 to August 2024, income grew from $50k to $54k (+8.9%), an average of +4.3% a year. The sharpest change came in the year to August 2024, when income rose by 32%. Over the whole period it spent 134% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Caprock Cultural Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include International Society for Nucleotides & Nucleic Acids ($54k), Tualatin Historical Society ($54k) and Aligarh Alumni Association of Texas ($54k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 80% and program service revenue 13% of the total. At year end it held assets of $444k against liabilities of $851, net assets of $443k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.