Texas Energy Poverty Research Institute

Analysis

Texas Energy Poverty Research Institute is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Energy Poverty Research Institute reported income of $685k and spending of $668k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $685k (+133%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 104%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Energy Poverty Research Institute sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within TX. Charities of a similar size with the same main cause include Americans for Medical Progress Educational Foundation ($685k), Halcyon Foundation ($685k) and Summer Theatre of New Canaan Inc ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $130k (19% of expenses). Other salaries and wages came to $198k. At year end it held assets of $801k against liabilities of $146k, net assets of $655k. It reported 5 employees.