Texas Tribune Inc

Analysis

Texas Tribune Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Texas Tribune Inc reported income of $15.1m and spending of $15.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $15.3m to $15.1m (-1.7%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Tribune Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Southern Nevada Culinary and Bartenders Training Fund a Trust ($15.1m), Rochester Academy Charter School ($15.1m) and Housing Northwest Inc ($15.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $564k (3.6% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $12.6m against liabilities of $2.6m, net assets of $10.0m. It reported 152 employees.