Central Texas Archery

Analysis

Central Texas Archery is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2018, 8 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Texas Archery reported income of $98k and spending of $126k, spending 128% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $38k to $98k (+157%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 101%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Central Texas Archery sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Warren Pickleball Inc ($98k), Tri Valley Masters ($98k) and Akron Soccer League Inc ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 95% of the total. At year end it held assets of $32k against liabilities of $6,000, net assets of $26k.