Texas Dreams-Texas Flyers Parent Club Inc

Analysis

Texas Dreams-Texas Flyers Parent Club Inc is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in June 2004, 22 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 June 2023, Texas Dreams-Texas Flyers Parent Club Inc reported income of $159k and spending of $182k, spending 115% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $201k to $159k (-21%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Texas Dreams-Texas Flyers Parent Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include NGHS Cheerleading Booster Club Inc ($158k), Lane Youth Soccer Association ($159k) and Kimball Baseball and Softball ($158k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 61% of the total. At year end it held assets of $29k against liabilities of $28, net assets of $29k.