Texas Rural Water Foundation

Analysis

Texas Rural Water Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Texas Rural Water Foundation reported income of $68k and spending of $43k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $68k (-11%), an average of -11% a year. Over the whole period it spent 42% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Texas Rural Water Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Bike Walk Greenville ($68k), Catskill Development Foundation Inc ($68k) and Shaniko Music Sanctuary Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $204k against liabilities of $0, net assets of $204k.