Raise Texas

Analysis

Raise Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in July 2008, 18 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, Raise Texas reported income of $434k and spending of $415k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $434k (+106%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raise Texas sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include George Community Daycare Inc ($434k), Childrens Advocacy Center of Thomas County Inc ($434k) and Potters House Ministries Inc ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $173k (42% of expenses). Other salaries and wages came to $134k. At year end it held assets of $655k against liabilities of $0, net assets of $655k. It reported 3 employees.