Associates of Lubbock Christian University

Analysis

Associates of Lubbock Christian University is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in June 1966, 60 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 March 2024, Associates of Lubbock Christian University reported income of $57k and spending of $55k, spending 96% of its income. Across the 3 years on record, from March 2022 to March 2024, income grew from $46k to $57k (+23%), an average of +11% a year. The sharpest change came in the year to March 2023, when income rose by 33%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Associates of Lubbock Christian University sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Friends of the Library of Portola Valley Inc ($57k), Union Chapel Christian Academy Foundation ($57k) and Zen Training Center Inc ($57k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 14% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.