Texas Academic Decathlon Foundation

Analysis

Texas Academic Decathlon Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 1991, 35 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Texas Academic Decathlon Foundation reported income of $1.1m and spending of $688k, leaving 36% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $769k to $1.1m (+39%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 92%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Texas Academic Decathlon Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Sterling Schools Foundation ($1.1m), Montessori School of Sonoma Incorporated ($1.1m) and Clinco Sheltered Industries Inc ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $127k (18% of expenses). At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 1 employees.