Texas Match the Promise Foundation

Analysis

Texas Match the Promise Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 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 August 2024, Texas Match the Promise Foundation reported income of $206k and spending of $71k, leaving 65% of income unspent that year. Across the 6 years on record, from August 2019 to August 2024, income grew from $203k to $206k (+1.3%), an average of +0.3% a year. The sharpest change came in the year to August 2022, when income rose by 36%. Over the whole period it spent 33% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Match the Promise Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Cazenovia Community Resource Center Inc ($205k), Epsilon Pi Tau Inc ($206k) and Curenfwithjack ($205k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $2.1m against liabilities of $833k, net assets of $1.3m.