Texas Muslim Womens Foundation Inc

Analysis

Texas Muslim Womens Foundation Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Texas Muslim Womens Foundation Inc reported income of $4.7m and spending of $4.9m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $4.7m (+121%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Muslim Womens Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Lutheran Life Communities ($4.7m), Humboldt Community Access and Resource Center ($4.7m) and Men Taking Over Reforming Society Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $161k (3.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.9m against liabilities of $443k, net assets of $1.5m. It reported 54 employees.