Texas Municipal Clerks Association Inc

Analysis

Texas Municipal Clerks Association Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in November 1987, 39 years ago. 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 2023, Texas Municipal Clerks Association Inc reported income of $944k and spending of $939k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $747k to $944k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Municipal Clerks Association Inc 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 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include The Glynn Community Crisis Center Inc ($944k), Johnson County Christmas Bureau Association ($944k) and Stamford Youth Soccer League Inc ($944k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 93% of the total. Other salaries and wages came to $284k. At year end it held assets of $1.2m against liabilities of $1,176, net assets of $1.2m. It reported 5 employees.