Texas High School Welding Series Inc

Analysis

Texas High School Welding Series Inc is a registered charity in United States, based in Weimar, 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 June 2024, Texas High School Welding Series Inc reported income of $140k and spending of $119k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $119k to $140k (+17%), an average of +8.3% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas High School Welding Series Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within TX. Charities of a similar size with the same main cause include Youth Dance and Enrichment ($140k), Rensselaer Acacia Corporation ($140k) and Catalytic Communities ($140k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.