Texas Home School Coalition Inc

Analysis

Texas Home School Coalition Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in July 1996, 30 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 December 2023, Texas Home School Coalition Inc reported income of $1.5m and spending of $1.8m, spending 118% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $831k to $1.5m (+81%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 132%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Home School Coalition Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Vancouver School Dist No 37 Foundation ($1.5m), Countryside Private School Inc ($1.5m) and Wizard Academy ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $67k (3.8% of expenses). Other salaries and wages came to $462k. At year end it held assets of $490k against liabilities of $1.1m, net assets of -$572k.