Progress Texas Institute

Analysis

Progress Texas Institute is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Progress Texas Institute reported income of $393k and spending of $273k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $953k to $393k (-59%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 107% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Progress Texas Institute sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include 31-8 Project ($393k), Economic Justice Institute Inc ($394k) and Center for Justice Inc ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $109k (40% of expenses). Other salaries and wages came to $63k. At year end it held assets of $266k against liabilities of $1,299, net assets of $264k. It reported 4 employees.