Midland Teen Court Inc

Analysis

Midland Teen Court Inc is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 May 2024, Midland Teen Court Inc reported income of $191k and spending of $204k, spending 107% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $226k to $191k (-15%), an average of -4.1% a year. The sharpest change came in the year to May 2023, when income rose by 31%. Over the whole period it spent 111% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Midland Teen Court Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Buffalo Evening News Charity Fund ($191k), The Luxury Education Foundation ($191k) and Friends of the Charles Paddock Zoo Incorporated ($191k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 101% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $65k (32% of expenses). Other salaries and wages came to $55k. At year end it held assets of $180k against liabilities of $14k, net assets of $166k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.