Capital of Texas Media Foundation

Analysis

Capital of Texas Media Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capital of Texas Media Foundation reported income of $513k and spending of $464k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $513k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Capital of Texas Media Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Witness Institute Inc ($513k), Mountain Circuit Court Appointed Special Advocates Inc ($513k) and Franklin Parish Council on the Aging Inc ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $111k (24% of expenses). Other salaries and wages came to $91k. At year end it held assets of $101k against liabilities of $39k, net assets of $62k. It reported 2 employees.