TBP Panola Project Inc

Analysis

TBP Panola Project Inc is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TBP Panola Project Inc reported income of $456k and spending of $206k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $456k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TBP Panola Project Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Long Beach City College Auxiliary Inc ($456k), Family Learning Center Inc ($456k) and The Democracy Council of California ($456k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $8.7m against liabilities of $7.9m, net assets of $815k.