Texas Aggie Corps of Cadets Association

Analysis

Texas Aggie Corps of Cadets Association is a registered charity in United States, based in Bryan, TX. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Aggie Corps of Cadets Association reported income of $3.3m and spending of $1.7m, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.3m (+121%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 58%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Aggie Corps of Cadets Association sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Faculty Student Association of Westchester Community College Inc ($3.3m), Heir Force Community School ($3.3m) and Chanticleer Athletic Foundation ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $186k (11% of expenses). Other salaries and wages came to $368k. At year end it held assets of $8.0m against liabilities of $31k, net assets of $8.0m. It reported 24 employees.