Texas Property Assessed Clean Energy Authority

Analysis

Texas Property Assessed Clean Energy Authority is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Property Assessed Clean Energy Authority reported income of $751k and spending of $882k, spending 117% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $260k to $751k (+189%), an average of +24% a year. The sharpest change came in the year to December 2019, when income rose by 107%. Over the whole period it spent 81% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Texas Property Assessed Clean Energy Authority sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Brukner Nature Center ($751k), Bristol Bay Heritage Land Trust ($751k) and Florida Federation of Garden Clubs Inc ($750k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $233k (26% of expenses). Other salaries and wages came to $47k. At year end it held assets of $841k against liabilities of $4,544, net assets of $836k. It reported 2 employees.