Odyssey of the Mind-Texas

Analysis

Odyssey of the Mind-Texas is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Odyssey of the Mind-Texas reported income of $73k and spending of $67k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $72k to $73k (+1.1%), an average of +1.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Odyssey of the Mind-Texas sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Arizona Montessori Teacher Education Program ($73k), Falmouth Football Boosters Club ($73k) and Dow High Music Booster Club ($73k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.4% and program service revenue 52% of the total. At year end it held assets of $143k against liabilities of $0, net assets of $143k.