Texas Stars Foundation

Analysis

Texas Stars Foundation is a registered charity in United States, based in Cedar Park, TX. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Texas Stars Foundation reported income of $232k and spending of $266k, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $113k to $232k (+106%), an average of +27% a year. The sharpest change came in the year to June 2022, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Texas Stars Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Infinite Family ($232k), Get Together Foundation ($232k) and Outstanding Farmers of America ($232k).

Other salaries and wages came to $74k. At year end it held assets of $270k against liabilities of $273k, net assets of -$2,888.