Lone Star Conference

Analysis

Lone Star Conference is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in April 1995, 31 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 August 2023, Lone Star Conference reported income of $1.1m and spending of $944k, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $777k to $1.1m (+46%), an average of +9.8% a year. The sharpest change came in the year to August 2020, when income rose by 27%. 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, Lone Star Conference sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Citychurch Outreach Ministry ($1.1m), Emenike-Ogunnaike Charitable Foundation Inc ($1.1m) and California Community College Association for Occupational ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $163k (17% of expenses). Other salaries and wages came to $164k. At year end it held assets of $622k against liabilities of $33k, net assets of $588k. It reported 4 employees.