S & R Truck Driving Institute

Analysis

S & R Truck Driving Institute is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, S & R Truck Driving Institute reported income of $897k and spending of $877k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $358k to $897k (+150%), an average of +150% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, S & R Truck Driving Institute sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Local 99 U a of Plumbers and Pipefitters Apprenticeship Trainin ($897k), Western Association for College Admission Counseling ($898k) and Envision Opelika Foundation Inc ($896k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Other salaries and wages came to $115k. At year end it held assets of $193k against liabilities of $88k, net assets of $104k. It reported 15 employees.