Washington on the Brazos Historical Foundation

Analysis

Washington on the Brazos Historical Foundation is a registered charity in United States, based in Washington, TX. It received its IRS tax-exemption ruling in May 1957, 69 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Washington on the Brazos Historical Foundation reported income of $2.3m and spending of $483k, leaving 79% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $262k to $2.3m (+763%), an average of +71% a year. The sharpest change came in the year to December 2023, when income rose by 542%. Over the whole period it spent 37% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Washington on the Brazos Historical Foundation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Hudson River Community Sailing Inc ($2.3m), National Collegiate Rugby Organization Inc ($2.3m) and Minot Junior Golf Association Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. It paid $240k in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $1,768, net assets of $2.4m. It reported 1 employees.