Stockyard Saloon Foundation

Analysis

Stockyard Saloon Foundation is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Stockyard Saloon Foundation reported income of $173k and spending of $149k, spending 86% of its income. Across the 3 years on record, from June 2019 to June 2023, income grew from $166k to $173k (+4.0%), an average of +2.0% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Stockyard Saloon Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Timber Pointe Charitable Foundation Inc ($173k), Atam Pargas USA ($173k) and Catholic Education for Youth Foundation Inc ($173k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.