Town and Country Optimist Foundation

Analysis

Town and Country Optimist Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Town and Country Optimist Foundation reported income of $2.1m and spending of $2.0m, spending 92% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $1.2m to $2.1m (+80%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Town and Country Optimist Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Okemo Tutorial Program Inc ($2.1m), American Canoe Association ($2.1m) and River Heritage Conservancy Inc ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $320k. At year end it held assets of $1.4m against liabilities of $1,016, net assets of $1.4m. It reported 10 employees.