Big Red School House & Community Center Inc

Analysis

Big Red School House & Community Center Inc is a registered charity in United States, based in Brownsboro, TX. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Big Red School House & Community Center Inc reported income of $234k and spending of $289k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $457k to $234k (-49%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 342%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Big Red School House & Community Center Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Broken Connections Inc ($234k), Pga Tour Wives Association Inc ($234k) and South Shore District Management Association ($234k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.2m against liabilities of $15k, net assets of $1.2m. It reported 1 employees.