Texas Federation of Womens Clubs Historical Foundation

Analysis

Texas Federation of Womens Clubs Historical Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Texas Federation of Womens Clubs Historical Foundation reported income of $631k and spending of $638k, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $586k to $631k (+7.8%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Texas Federation of Womens Clubs Historical Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Black Lives Matter Phoenix Metro ($631k), Madison Youth Arts Center Inc ($632k) and Art with a Heart in Healthcare Inc ($631k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% of the total. Other salaries and wages came to $168k. At year end it held assets of $979k against liabilities of $87k, net assets of $892k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.