Tcyb Inc

Analysis

Tcyb Inc is a registered charity in United States, based in Sour Lake, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Tcyb Inc reported income of $152k and spending of $132k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $152k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tcyb Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Colorado Soccer Academy ($152k), Pittsburgh Assassins Futsal Club ($152k) and Bucks County Tennis Association ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 80% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.