Tbca Inc

Analysis

Tbca Inc is a registered charity in United States, based in Willow Park, TX. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Tbca Inc reported income of $8.2m and spending of $8.5m, spending 103% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $6.4m to $8.2m (+28%), an average of +8.7% a year. The sharpest change came in the year to May 2021, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tbca Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Darrow School ($8.2m), Adopt-A-Classroom Inc ($8.2m) and Urban Academy ($8.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.1% and program service revenue 92% of the total. Other salaries and wages came to $4.4m. It paid $18k in professional fundraising fees. At year end it held assets of $24.0m against liabilities of $15.2m, net assets of $8.8m. It reported 178 employees.