Event Facilities Fort Worth Inc

Analysis

Event Facilities Fort Worth Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Event Facilities Fort Worth Inc reported income of $9.5m and spending of $4.3m, leaving 55% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income fell from $109.2m to $9.5m (-91%), an average of -39% a year. The sharpest change came in the year to March 2023, when income rose by 408%. Over the whole period it spent 318% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Event Facilities Fort Worth Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Aim Art in Motion ($9.5m), The Oshkosh Boys and Girls Club ($9.5m) and Boys & Girls Clubs of Scottsdale Inc ($9.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $57.7m against liabilities of $94.1m, net assets of -$36.4m.