Sheep and Goat Validation of Texas

Analysis

Sheep and Goat Validation of Texas is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 2023, Sheep and Goat Validation of Texas reported income of $357k and spending of $307k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $357k (-11%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sheep and Goat Validation of Texas sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Weiser Senior Citizens Inc ($357k), Tri State Pga Foundation ($357k) and Holt St Miracle Center Inc ($357k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $705k against liabilities of $0, net assets of $705k.