Healthy Futures of Texas

Analysis

Healthy Futures of Texas is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2007, 19 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 (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, Healthy Futures of Texas reported income of $6.5m and spending of $6.4m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $6.5m (+208%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Healthy Futures of Texas sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Wesley Homes Foundation a Supporting Organization ($6.5m), Bethel Community Services Foundation Inc ($6.5m) and Crayons and Beyond Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.4% of the total. Compensation of current officers, directors and key employees was $191k (3.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $4.6m against liabilities of $473k, net assets of $4.1m. It reported 60 employees.