North Central Texas Regional Certification Agency

Analysis

North Central Texas Regional Certification Agency is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, North Central Texas Regional Certification Agency reported income of $1.2m and spending of $992k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $830k to $1.2m (+43%), an average of +9.3% a year. The sharpest change came in the year to August 2023, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, North Central Texas Regional Certification Agency sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Network of Hope Inc ($1.2m), Main Street Square Incorporated ($1.2m) and Northwest Kansas Area Transit Coordinating Council Inc ($1.2m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Other salaries and wages came to $464k. At year end it held assets of $1.5m against liabilities of $261k, net assets of $1.3m. It reported 10 employees.