Texas Association of Community College Foundation Inc

Analysis

Texas Association of Community College Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 1997, 29 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 Association of Community College Foundation Inc reported income of $60k and spending of $55k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $60k (-9.2%), an average of -9.2% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Association of Community College Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within TX. Charities of a similar size with the same main cause include Foundation for Rankin County Public Schools Inc ($60k), Silverbrook Elementary School PTO Inc ($60k) and American Public Works Association Oregon Chapter Scholastic FND Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 71% of the total. At year end it held assets of $127k against liabilities of $24k, net assets of $103k.