Texas College of Probate Judges

Analysis

Texas College of Probate Judges is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 1984, 42 years ago. 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 2022, Texas College of Probate Judges reported income of $100k and spending of $162k, spending 161% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $120k to $100k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 163%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas College of Probate Judges sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Sarasota Military Officers Foundation Inc ($100k), Sigma Theta Tau International Inc ($100k) and Sound Start Up Start Corp ($100k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 115% of the total. Compensation of current officers, directors and key employees was $50k (31% of expenses). Other salaries and wages came to $22k. At year end it held assets of $854k against liabilities of $0, net assets of $854k.