Texas Oilmans Charity Invitational Fishing Tournament Inc

Analysis

Texas Oilmans Charity Invitational Fishing Tournament Inc is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Oilmans Charity Invitational Fishing Tournament Inc reported income of $362k and spending of $382k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $232k to $362k (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 229%. Over the whole period it spent 121% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Oilmans Charity Invitational Fishing Tournament Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Childrens Institute of Los Angeles ($362k), Broseley Senior Citizens Inc ($362k) and Fish of Shelby County Inc ($362k).

At year end it held assets of $85k against liabilities of $0, net assets of $85k.