Texas Guaranteed Student Loan Corporation
PO Box 83100, Round Rock, TX · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $72,856,424 | $42,539,891 | $305,286,134 |
| FY2024 | $98,509,390 | $42,795,642 | $263,358,528 |
| FY2023 | $64,584,806 | $38,628,600 | $190,210,477 |
| FY2022 | $75,038,315 | $212,423,732 | $167,380,155 |
| FY2021 | $132,060,049 | $143,871,157 | $372,787,984 |
| FY2020 | $81,205,544 | $49,063,662 | $369,334,564 |
| FY2019 | $105,235,381 | $47,045,760 | $749,113,603 |
| FY2018 | $107,711,297 | $52,180,427 | $659,213,825 |
| FY2017 | $120,994,289 | $172,447,133 | $608,732,208 |
| FY2016 | $253,180,115 | $61,749,185 | $659,373,103 |
| FY2015 | $155,207,147 | $71,117,581 | $456,001,325 |
| FY2014 | $153,137,942 | $97,563,560 | $375,010,597 |
| FY2013 | $165,185,251 | $376,005,403 | $324,146,227 |
| FY2012 | $254,457,496 | $165,940,085 | $558,361,991 |
Form 990 filings
The returns filed by Texas Guaranteed Student Loan Corporation (EIN 74-2094204), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $63,178,699 | 87% |
| Program service revenue | $937,063 | 1% |
| Other revenue | $8,740,662 | 12% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $30,318,878 | 71% |
| Management & general | $12,221,013 | 29% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 87% of total revenue in FY2025.
- Program services accounted for 71% of functional expenses, management & general 29%, and fundraising 0%.
- 71% of functional expenses went to program services in FY2025. That is higher than 18.9% of 185 Public & Societal Benefit organizations nationwide (too few in TX for a state comparison).
- Net assets covered about 86.1 months of expenses at the end of the reporting year. That puts it in the 88th percentile among 350 Public & Societal Benefit organizations in TX.
- Total revenue was higher than 99.7% of 371 Public & Societal Benefit organizations in TX.
- Total revenue fell from $254,457,496 in FY2012 to $72,856,424 in FY2025. Revenue increased in 4 and decreased in 9 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2013, FY2017, FY2021, FY2022).
- The highest revenue on record here is $254,457,496 in FY2012.
- Net assets declined from $558,361,991 to $305,286,134 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO DEVELOP AND ADVANCE INITIATIVES THAT GROW INDIVIDUAL ECONOMIC MOBILITY AND EXPAND COMMUNITY PROSPERITY.
IRS status
| Ruling year | 1980 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | W600 — Public & Societal Benefit |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Austin Transit Partnership Local Government Corporation — Austin, TX · $197,197,979
- Electric Reliability Council of Texas Inc 10-10-90 — Austin, TX · $543,240,707
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.