South Central Texas Community Foundation
Analysis
South Central Texas Community Foundation is a registered charity in United States, based in Seguin, TX. It received its IRS tax-exemption ruling in July 2014, 12 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 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, South Central Texas Community Foundation reported income of $239k and spending of $66k, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $239k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2021, when income rose by 2842%. Over the whole period it spent 12% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Central Texas Community Foundation sits at the 54th percentile: it is larger than about 54% 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 Ten Thousand Villages of Austin ($239k), Port Arthur International Seamens Center ($240k) and Building Community Value ($239k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $3.1m against liabilities of $0, net assets of $3.1m.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Other 57%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ten Thousand Villages of Austin | Austin | $239k |
| Port Arthur International Seamens Center | Port Arthur | $240k |
| Building Community Value | Detroit | $239k |
| Hearts Respond | PLS VRDS Est | $240k |