Personal Energy Transportation of Texas Inc

Analysis

Personal Energy Transportation of Texas Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 2014, 12 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, Personal Energy Transportation of Texas Inc reported income of $57k and spending of $51k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $74k to $57k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Personal Energy Transportation of Texas Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Nest Alliance ($57k), United Craftsmen Children S Shoe Drive Inc ($57k) and Lake Winds Apartments Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.