Stockyards Preservation Foundation of Fort Worth Texas Inc

Analysis

Stockyards Preservation Foundation of Fort Worth Texas Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Stockyards Preservation Foundation of Fort Worth Texas Inc reported income of $284k and spending of $214k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $336k to $284k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stockyards Preservation Foundation of Fort Worth Texas Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Possibilities Inc ($284k), Epicenter ($284k) and Launch ($284k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $744k against liabilities of $19k, net assets of $725k.