S Tracy Howard Project

Analysis

S Tracy Howard Project is a registered charity in United States, based in Flower Mound, TX. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 October 2023, S Tracy Howard Project reported income of $520k and spending of $587k, spending 113% of what it took in. Across the 4 years on record, from October 2019 to October 2023, income fell from $646k to $520k (-19%), an average of -7.0% a year. The sharpest change came in the year to October 2023, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, S Tracy Howard Project sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Brady Social Enterprises Inc ($520k), Discover Burien Assoc ($520k) and Groundwork Bridgeport Inc ($520k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (11% of expenses). Other salaries and wages came to $173k. At year end it held assets of $269k against liabilities of $0, net assets of $269k. It reported 5 employees.