Texas Surf Conservancy

Analysis

Texas Surf Conservancy is a registered charity in United States, based in Corpus Christi, TX. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Texas Surf Conservancy reported income of $190k and spending of $117k, leaving 38% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $192k to $190k (-0.8%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Surf Conservancy sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers Association ($190k), Resoarces ($190k) and Minarets Foundation Inc ($190k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $46k. At year end it held assets of $178k against liabilities of $70k, net assets of $107k. It reported 7 employees.