Earth Day Texas Inc

Analysis

Earth Day Texas Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Earth Day Texas Inc reported income of $43.2m and spending of $13.1m, leaving 70% of income unspent that year. Across the 2 years on record, from June 2019 to June 2020, income grew from $2.6m to $43.2m (+1552%), an average of +1552% a year. The sharpest change came in the year to June 2020, when income rose by 1552%. Over the whole period it spent 49% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Earth Day Texas Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include USA Volleyball ($42.8m), Corporation for the Promotion of Rifle Practice and Firearms Safety ($46.9m) and Sun Belt Conference ($40.0m).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 98% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $553k (4.2% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $856k against liabilities of $668k, net assets of $188k. It reported 45 employees.