Texas Paint Horse Club Inc

Analysis

Texas Paint Horse Club Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 2014, 12 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 2023, Texas Paint Horse Club Inc reported income of $102k and spending of $96k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $102k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. 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 Paint Horse Club Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Cadet Athletic Boosters Inc ($102k), PTA California Congress of Parents Teachers & Students Inc ($102k) and United Way of Christian County ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $195k against liabilities of $121k, net assets of $75k.