Texas Diversity Council

Analysis

Texas Diversity Council is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2005, 21 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 Diversity Council reported income of $710k and spending of $878k, spending 124% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $963k to $710k (-26%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Diversity Council sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include St Louis de Montfort Academy Inc ($710k), Impact Christian Academy ($710k) and Haven for Tots Daycare & Preschool ($710k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $486k (55% of expenses). Other salaries and wages came to $83k. At year end it held assets of $684k against liabilities of $428k, net assets of $256k. It reported 9 employees.