Lubbock County Expo Center Inc

Analysis

Lubbock County Expo Center Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Lubbock County Expo Center Inc reported income of $206k and spending of $77k, leaving 63% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.5m to $206k (-86%), an average of -48% a year. The sharpest change came in the year to December 2022, when income rose by 498%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lubbock County Expo Center Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Alcovets ($206k), Bucks County Heroes Scholarship Fund ($206k) and Nami Fairbanks ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 194% of the total. At year end it held assets of $1.1m against liabilities of $52k, net assets of $1.1m.