Texas Agricultural Land Trust Foundation

Analysis

Texas Agricultural Land Trust Foundation is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Texas Agricultural Land Trust Foundation reported income of $4.5m and spending of $150k, leaving 97% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $609k to $4.5m (+645%), an average of +65% a year. The sharpest change came in the year to March 2022, when income rose by 672%. Over the whole period it spent 4.2% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Texas Agricultural Land Trust Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Food Bank of Somerset County Inc ($4.5m), Blind and Vision Rehabilitation Services of Pittsburgh ($4.5m) and Clinton Hill Community and Early Childhood Center Inc ($4.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 96% of the total. It paid $50k in professional fundraising fees. At year end it held assets of $13.9m against liabilities of $0, net assets of $13.9m.