Texas Alcoholism Foundation Inc

Analysis

Texas Alcoholism Foundation Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 August 2023, Texas Alcoholism Foundation Inc reported income of $1.5m and spending of $1.6m, spending 105% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.8m to $1.5m (-13%), an average of -3.3% a year. The sharpest change came in the year to August 2020, when income rose by 56%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Alcoholism Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Variety Care Foundation Inc ($1.5m), VHL Alliance Inc ($1.5m) and Pathway to Recovery Counseling and Educational Services ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $132k (8.2% of expenses). Other salaries and wages came to $413k. At year end it held assets of $5.3m against liabilities of $59k, net assets of $5.3m. It reported 11 employees.