South Texas Charity Weekend Inc

Analysis

South Texas Charity Weekend Inc is a registered charity in United States, based in Kingsville, TX. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, South Texas Charity Weekend Inc reported income of $968k and spending of $291k, leaving 70% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $666k to $968k (+45%), an average of +9.8% a year. The sharpest change came in the year to August 2022, when income rose by 122%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Texas Charity Weekend Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Glassybaby White Light Foundation ($968k), Capita Social Inc ($969k) and Good Samaritan Hospital Foundation Inc ($968k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 129% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.